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Tlic Global Newspaper
Edited and Published
in Paris
tinted simuhaueoosly in Paris.
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.The Hague, Marseille,
'York, Rome, Tokvo.
INTERNATIONAL
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PARIS, WEDNESDAY, OCTOBER 5, 1988
ESTABLISHED 1887
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Asian Dragons Take a Bite
From the U.S. Trade Deficit
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By Patrick L. Smith
International Herald Tribune
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Kiosk
Johnson Vows
To Run Again
TORONTO (Rcmers) —
Ben Johnson, rierJaring hit in-
nocence in a drug scandal that
cost him an Olympic gold
medal, vowed Tuesday to dear
his nam<» and run a gain m the
Olympics.
“1 have never, ever, know-
ingly taken illegal dra gs," the
26-year-old sprinter said at a
press conference. He was
stripped of his medal at the
Seoul Games aftff testing pos-
itive for using steroids.
4 Die In Soviet Blast
MOSCOW (Reuters) —
Four people were killed and
280 were injured Tuesday
when a train carrying explo-
sives crashed into another
freight train and blew up in the
city of Sverdlovsk, Tass said.
Slobodan Milosevic, the
Serbian leader, addressing
protesters outside the Yu-
goslav parliament far Bd*
grade on Tuesday. The pro-
testers 4^»manitoil that the
General Him
The future of the United
States in space is in the hands
of politicians. P»ge 7-
Wlrite South African lawmak-
ers were a captive audience as
non whites rebuked (hem over
apartheid. P>ge5.
U.S. mid Soviet veterans com-
pare notes on wars. Page 8.
Fashion
Everybody has something to
say in the Milan fashion
shows, mostly with nostalgia
and tenderness. Page “•
Buihwn/ Finance
Grand Metropolitan launched
a surpise £3.1 billion bid for
pillsbuiy. Phge ,1 -
SAS and Texas Aur announced
a worldwide cooperation
agreement. Page H*
Dow Close
TfceDoltar
Id Now York
DM
1.8848
Pound
1.6948
Veit
133.35
f=F
6-3495
'turn patterns
orea, Taiwan,
_ and Singapore have
gained enhanced ability to absorb
more imports from the United
States ami redirect their exports to
Japan and other natinq p
Both trends are hkdy to contin-
ue for at least the nest several
years, UR and Asian analysts say,
making the four economies a key
factor m the reduction of the UR
deficit in hs trade ataoss the Pacif-
ic:
A snapshot of these economies
ty would not tell the story,"
Daniel Gressd, senior Asia
economist at GT Management Ltd.
in San Francisco. “As the NIC’s
join the group erf advanced nations
— and that is not far off — there
won’t be any a r min g how essential
they are to main turning the UR
trade account in balance."
The pattern that jg emerging
economists say, is one erf “triangu-
lar trade,” in which the United
States is d ram^fryH y m creating fee
exports to the four nations, wflilf!
Japanese imports from are
increasing at a similarly high rate:
All four of the little dragons, as
they are commonly known, are in-
creasing their imports from the
United States at annual rates rang-
pwe will top $7 biUion, and exports
to South Korea will approach S9
billion. As a result, (he UR node
deficit with the NICs is expected
to drop almost 20 percent tms year,
to about S30 b3tkm.
Trade analysts aT *d economists
in the region suggest that, in effect,
UR manufacturers are s p o r tin g
to Japan through the other four
nations, since they are proving
more responsive than Japan to ad-
justments in exchange rates and
fluctuating growth patterns.
The increased importance of the
exports to Japan are increasing at stabihty was first noted
rales dose to 50 percent.
Until recently, the value of UR
exports to each of the NICs was
small enough to be ignored: Even
after a 39 percent increase last year,
for instance, UR exports to Hong
Kong were $4.1 bUtum. In 1987,
exports to Singapore stood at $4.8
bfflion.
This year, however, die picture is
to change- UR exports to
Hong Ron g are expected to reach
almost $5 buEon. Exports to Singa-
offidaBy at the summit of the ma-
jor industrialized nations held in
Toronto in June. Apart from purely
economic factors, the emerging
trade pattern reflects efforts begun
last year by Sooth Korea and Tai-
wan to avoid the trade friction that
1ms long plagued Japan. They have
acted to stimulate d ffl lMHftm COO-
sumption earlier in their own devel-
opment than Japan did.
“The imbalances between Japan
See TRADE, Page 17
Opposition Aide Warns
Of Trickery by Pinochet
By Shirley Christian
New York Times Serrice
SANTIAGO — As workers
cleaned up the political leaflets (hat
covered Santiago like snow, an op-
position leader warned that agents
of President Augnsto Pinochet
were looking for a way to interfere
with the Chilean plebiscite
Wednesday.
The opposition leader, Ricardo
Lagos, a Socialist and a leader of
the 16-party Command for the No.
asserted that Pinochet supporters
would use such things as power
blackouts and dashes with the op-
position to delay the compilation
of results.
But he said Monday that he bad
no information (hat the govern-
ment was drinking of calling off the
vote.
[The mOitary government late
Monday dismissed accusations
that ii planped to scrap or sabotage
the plebiscite as part of a “cam-
paign of nrismfannatknC Reuters
reported.]
After 15 years of military rale
under General Pinochet, 7.4 mil-
Hon registered voters are casting
ballots Wednesday to decide
whether or not he should continue
in power.
In the plebiscite, designed at
General Pmocbet’s direction as
part of a slow transition to demoo
racy, people will vote yes or no on
giving him right more years in pow-
er, alter whim he would call open
ejections.
If he fails to get a mqority on
Wednesday, he is supposed to call
free elections at the end of 1989.
Patricio Ayiwin, president of the
Christian Democratic Party and
chief spokesman of the Command
for the No, said the country was
full at rumors of such actions,
which were “creating alarm.”
He asked voters not to be upset
by iheni-
As an example- of the kinds of
things that might be provoked by
Pinochet supporters, he pointed to
the power blackout that all of San-
tiago and much of the surrounding
area suffered for more than an hour
late Saturday nighL
Tbe government Mamed “ex-
tremists” for the blackout, but Mr.
Ayfrvin called it “highly suspi-
cious," implying thai government
supporters were behind it
Apparently convinced that the
days after the plebiscite may bring
confusion. Chileans have jammed
grocery stores in recent days to
stock up on baric foods.
The legal campaign period ended
at midnight Sunday after a frantic
weekend of rallies and motor cara-
vans.
The opporition is confident of a
big victory in the plebiscite, if ft
proceeds as s cheduled and if the
vote-count is honest.
In anticipation of a “uo” victory,
Mr. Luos said that “the only per-
son defeated will be General Pino-
chet” and made a conciliatory ap-
peal to the rest of the armed forces.
“The armed forces and pobce are
permanent institutions of the re-
public and with them we win lode
for concordance for a rapid, order-
See CHILE, Page 6
Tbr AaoBUcd Preo
Ex-Captive Begs, Tet Me Be Silent’ About the Others
Mtiinkshwar Sin gh, tbe Indian national freed by kidnappers in Beirut after 20 months, waving
outside the Syrian Foreign Ministxy in Damascus, where he was released to the UR ambassador on
Tuesday. He was later flown to West G ermany on his. way to the United Stales. He would not
discuss (be conditions or whereabouts of three university colleagues kidnapped with him- Page 6.
Saudi Warning
Hits Oil Market;
Analysts Bearish
On Price Trend
CtHrquItd bi - Our Staff Fran Dispatches
NEW YORK — Oil prices stead-
ied late Tuesday after falling in Eu-
rope following Saudi Arabia's warn-
ing toOPEC partners that they must
obey the rand's production rules or
watch the market slide.
But analysts warned that (he out-
look for prices remained negative.
“We're still in a bear market,"
said Jim Fiedler, a trader with
EJX&F. Man International Futures
Inc. “Tbe market was expecting a
rally of up to the $13.70 levd and
they haven't been able to get it"
The November contract for West
Texas Intermediate, the bench-
mark UR erode, rose 1 cent to
$13.07 a band on the New York
Mercantile Exchange.
In Loudon earlier, North Sea
Brent, the most widely traded
erode oil, slipped to SI 1.60 a barrel
for prompt ddiveiy. from SI 1.65
on Monday. Dubai grade for No-
vember lifting dropped to S9.60 a
band from S9.65.
“The main thing goes back to the
concerns about the Saudi overpro-
duction,” Mr. Fiedler said.
(UPI, Reuters)
" Stake in BP
prices collapsed to around S8 a
barrel. Prices have fallen 51.50 dus
past week alone.
Saudi officials, who asked not to
be identified, said they had repeat-
edly warned agains t overproduc-
tion by others at their expense and
explained their views in great detail
during the last three meetings of
OPEC oil ministers that look place
since June, to no avail.
OPEC output stands at some 3
million barrels a day above the offi-
cial production ceiling of around
17 million barrels a day. Average
prices have fallen bv more than 35
percent from their ievds of a year
ago.
The Saudi Council of Ministers
See OIL, Page 17
U.K. Orders
Kuwait to
Halve Its
Soviets Order Farm Shake-Up
Politburo Also Creates a New Newspaper and Journal
By Philip Taubman
New York Times Seruce
MOSCOW — The Politburo,
meeting on Tuesday for the first
time since the leadership shake-up
last week, ordered an overhaul of
Soviet agriculture and approved
creation of a new party journal and
government newspaper.
The Tass press agpacy, in a brief
account of the meeting, reported
that the Politburo instructed party
and government a genda to “draw
up proposals for an overhaul of
economic relations and economic
management in the country's agro-
industrial sector "
The terse announcement ap-
peared to signal the opening of a
new drive to deal with (he country’s
chronic agricultural problems, m-
PreadentMDduril S. Gorbachev,
aware that public imp ati ence with
the food problem has undermined
his efforts to revitalize the econo-
my, has promised in recent weeks
to take urgent steps to deal with
agricultural failures.
Tass said the instructions woe
issued as part of preparations for a
future Centra] Committee meeting
that wBl focus on agriculture.
In the leadership changes last
week, one of the senior figures an
the Politburo, Yegor K. Ligachev,
the party’s No. 2 official, was
placed in charge of agriculture po-
lity.
The Politburo decision on Tues-
day suggested that Mr. Ligachev,
who has sometimes differed with
Mr. Gorbachev on social issues,
will be playing a key role in the
party in the months ahead.
Mr. Gorbachev, who was the
party’s senior agriculture official
from 1978 until his selection as
Soviet leader in 1985, is not the first
party general secretary to tackle the
troubled area, and the overhaul rin-
See SOVIETS, Page 6
York Times reported from Paris:
In the toughest statement about
oil policy it has issued in years.
Saudi Arabia challenged Iran, Iraq
and other OPEC producers to ei-
ther restrain their runaway oil pro-
duction or face financ ial min.
The statement served notice that
Saudi Arabia would no longer al-
low other oO producers to increase
their oil output with impunity, in
the expectation that they can en-
croach on tbe Saudi share of the
world market The Saudis said they
would now join others in boosting
oil output a move that guarantees
a further fall in ofl prices.
“Saudi Arabia will not accept
that any membere of OPEC in-
crease their ofl production share at
its own expense," said the state-
ment “nor wfl] it allow other oil
producers to pin its ofl production
down where it is now while they
increase their own. This swing pro-
ducer role is one we do not wirii to
resume."
The statement was issued Mon-
day after a late session of the Saudi
Council of Ministers, chaired by
King Fahd.
Although many Gulf region
erodes are already trading at close
to. or below $10 a band, Saudi
officials said they will not be re-
strained by the dear risk that their
new policy may very well posh off
prices below 1986 levels.
In the summer of that year, ofl
Behind Bush, a Strategy of Control and a Man Named Baker
By David Hoffman
Washington Part Service
WASHINGTON — Fifty min-
utes into the first presidential de-
bate, George Bush’s campaign
chairman, James A Baker 3d, or-
dered one of his deputies to place a
telephone call with an urgent mes-
: far the debate moderator, Jim
L Maaa/Tbe WttfugXn FM
Mr. Bush listens to his longtime friend, adviser and campaign director, James A. Baker 3d.
te was this: You
the debate would be di-
vided evenly between domestic and
foreign policy. When do we get to
foreign policy?
Within 10 mi n n te y , the 90-mm-
ute debate shifted onto the terrain
the Republicans bdieved would be
friendlier for their nominee.
In fact, Mr. Lehrer was about to
shift to foreign policy questions
anyhow. But the effort to influence
Mr. Lehrer illustrates the central
ffemmi of die Bush
strategy against Governor I
S. Dukakis of Massachusetts, the
Democratic nominee — to control,
if possible, evenr minute the voters
get to see ami hear Mr. Bush. To
accomplish it, the campaign has
borrowed techniques, themes and
players from every presidential
contest since 1968.
Directing it all is Mr. Baker, the
former Treasury secretary whose
trademark is disripSned political
management. He is applying to Mr.
Bash’s campaign virtually the same
BefribBcaorf odds for regaining
tbe Senate are fading. Page 3-
techniques he displayed as White
House chief of staff in President
Ronald Reagan’s first term and
during the 1984 re-electiaa cam-
techniques indinte one
c al c ul ated message a day, constant
devotion to wen-executed tactics,
aggressive efforts to avoid outride
distractions and courtship of the
news media.
Mr. Bakert style was on display
at tbe Sept 25 debate. Minnies
after it ended, Mr. Baker had coor-
dinated instru ctions with his aides
on the scene to emphasize with re-
porters that Mr. Bosh had succeed-
ed in his goal of labeling Mr. Doka-
Ids a Kbend. That message was then
telephoned to the Republican Na-
tional Committee in Washington,
where a team stood ready to tdefax
the message to Republican gover-
nors and state party chairmen.
Next, sitting down for an inter-
view with the ABC News anchor,
Peter Jennings, who was on the
press panel that quizzed the candi-
dates, Mr. Baker complimented
Mr. Jennings on his questions.
Critics say Mr. Baker’s political
management style can be short-
sighted — dial Mr. Reagan won a
landslide in 1984 uring evocative
symbols of patriotism and skilled
media methods but failed to gain a
mandate for what he wanted to
accomplish in a second term.
Mr. Bush has incorporated many
of the symbols Mr. Reagan has
used, with his emphasis on (he
Hedge of Allegiance to the flag and
his visit Monday to greet the shut-
tle astronauts upon their return.
But Mr. Baker iqects the criti-
cism leveled at the campaign that
Mr. Bush is avoiding fundamental
campaign issues.
“i would say the suggestion that
See BAKER. Page 6
Ruins on the Golan Heights: Where Destinies of Jew and Arab Collide
By Alan Cowell
New York Tunes Service
OUNEITRA, Syria — Lieutenant Khated Na-
tn^a Syriao. Ani^ o^a^tojwdlm Sow^
B ^^doMthaveanao»fOT theotte ade,"he
w» at a people, we doc t know it
Hdgh aiding CD the perspective, the
is either a statement of fact, awe Israel
annexed parts of the heights in 1981. or a denial
of history, because Syria warns it back.
Either way, Qundtnt stands out. For Syria it is
a symbol of relentless Israeli expansion and of an
affront that most one day be righted.
•The main point fen the Syrians,” a West
Fm np aan di p l oma t in Damascus said, “is that
they want the Golan bade. So, theyH play voy
tough in any Middle East neg ot ia tio ns. And as
long as die Golan is occupied, it guarantees the
Syrians a role in the whole issue."
Syria lost much of the strategic heights to
Israel in the wars of 1967 and 1973. and Qunei-
tra. only 40 miles (64 kflometers) from Damas-
cus, remained under Israeli occupation until
1974, when a disengagement agreement brokered
by the United States handed two-thuds of u back
to Syria.
On June 26, 1974, President Hafez Assad.
raised Syria's flag over the city again, and the
date is known as Qunritra’s Day of Liberation.
It was a bittersweet occasion, for in the lOdays
before their departure, the Israelis dynamited
every building that had survived the military
campaigns in the area.
Since than < not a brick, has been rebuilt.
'The other ride, they bring tourists to their
side," Lieutenant Namr said. “We hear them
saying, “Look what we have done, and see what
thev have done — nothing/”
He pointed to an Israeli agricultural settle-
ment where a tractor fussed below a once-disput-
ed fafl] whose bald deux now boasts a shock of
a mami»g and listening devices aimed toward
Syria,
“We bear them saying: *Look, we are growing
ihing r They are Hping nothing,’ ” Lieutenant
Namr said
Such point-scoring might seem a minor mat-
ter, but other weighty thoughts intrude on these
high plains whose encoding peaks offer a geog-
raphy of confrontation — Israelis oa one, Syri-
ans on another, UN forces in between.
with Israel, biJdiifg a ddntollxSorilt iKSa!
according to Western estimates, of $13 billion to
$17 bifiion for arms to matrh those Israel has
obtained from the United States.
This has led some Isadi mihtaiy sp ecialis ts to
Another has non
era accounts the relationship between Syria and
tbe Soviet Union has become uneasy, in part
because of Mr. Assad’s feelings about this town
and tbe land around it
"The Soviets would like the Syrians to be more
Double on the Golan so that they have some-
thing to sell" in the tasting and trading of the
perennial quest for a Middle East peace, said a
Western diplomat in Damascus.
“The Russians are not really getting anything
from the Syrians,” the diplomat said.
That touches on another debate, this rime
between UR officials in Damascus and Wash-
ington.
Recent reports from Washington have said
that Syria has agreed to let the Soviet Union
unde rtake a major expansion of naval installa-
tions at Tartns on the Mediterranean.
Officials in Washington have accus ed the em-
bassy in Damascus of failing to keep than in-
formed about tbe purported expansion.
It is not clear who is right. “There really is
nothing up there,” a Western official in Damas-
cus said. Tt*s not big enough to do anything.”
By Warren Getler
International Herald Tribune
LONDON — Britain ordered
Kuwait on Tuesday to cut its S5
billion holding in British Petroleum
PLC by more than half within 12
months, in one of the world's larg-
est forced divestitures.
In a landmar k decision, the De-
partment of Trade and Industry
found the size of the Kuwaiti inter-
est in BP to be “against the national
interest” The department ordered
that the slate-owned Kuwait In-
vestment Office pare its interest to
9.9 percent from 21.6 percent
through the disposal of about 700
million shares.
Toe decision drew an angry re-
sponse from Kuwait, particularly
because it comes at a time when
worid oil prices are at their weakest
levels in years. It also stunned ana-
lysis, who had not expected Britain
to order such a large reduction.
The price of BP stock fell half a
penny to 237 pence (S4.03) in Lon-
don trading Tuesday.
Kuwait, a major ofl producer
within the Organization of Petro-
leum Exporting Countries, is a
krag-berm ally of Britain and one of
the world's preeminent institution-
al investors, with a global portfolio
estimated to be about $80 billion.
The Gulf state began to a
major bolding in BP last Novem-
ber, when the British government’s
sale of its remaining stake in the
company flopped in a public offer-
ing soon after the October stock
market collapse.
Without the intervention by Ku-
wait at that time, the British gov-
ernment's £7 2 billion issue would
have fallen flai_
Kuwait has insisted all along
that its investment in BP is purely
passive, contending that it does not
aim to influence corporate policy.
After the government probe of its
BP bolding began, it offered to re-
strict its voting rights to 14.9 per-
cent and not to raise its stake be-
yond 21.6 percent, but those
pledges were rejected by Trade Sec-
retary Lord Young of Britain.
Details of a report by Britain's
Mergers and Monopolies Commis-
sion, upon which the trade depart-
ment based its decision, were re-
leased Tuesday. The report said
Kuwait could seek to curtail BPs
exploration and development
spending. That was one of the con-
cerns voiced by BP in recent
months as it lobbied the govern-
ment to reduce Kuwait's stake. The
report also suggested that a future
Kuwaiti government might be less
friendly toward Britain than the
current one.
“We expect Kuwait in the long
tom to exercise influence over
these policies and to restrict BP
from acting independently and
competitive^.” the report said.
Under the ruling Tuesday. Brit-
ain will seek to limit Kuwait's vot-
ing rights to 9.9 percent of BPs
shares until the divestment is com-
pleted.
BP, which warmly welcomed the
government decision Tuesday, said
several times in recent months that
it would like individual slakes in
the company limited to 10 percent
aach-
Among BP’s chief concerns
about the large stake held by Ku-
wait is the possibility that it would
convey an impression that the giant
energy group is controlled by a
leading oil producer. BP also feared
that Kuwait Petroleum Corp., the
Gulf state's big exploring and re-
fining group, might uy to pressure
BP into refuting ana marketing
rjoint- ventures in Europe as pan of
: its drive to gain increase market
‘ shhre in “downstream" ofl opera-
tions.
,• The Kuwait Investment Office,
See BP, Page 13
Page 2
INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER S, 1988
5,000 Protest at Yugoslav Parliament
The Associated Pros
BELGRADE— Some 5,000 Yu-
goslav workers demonstrated in
front of the federal parliament on
Tuesday, demanding the resigna-
tion of the government of Prime
Minister Braiko Mtkulie.
The protesters tried to force their
way inade the parliament bat were
hdd back by policemen who linked
arms in front of the building’s
entrance.
"lire protesters marched about IS
kilometers (9 miles) from an indus-
trial Belgrade suburb to parliament
to protest low wages and falling
living standards.
^They dispersed peacefully only
dan Milosevic, the Serbian leader
hailed by supporters as “the second
Tito.”
■ 2 Politburo Members Quit
Henry Kamm of The New York
Times reported earlier pm M-
The shock waves of ethnic con-
flict between Serbs and Albanians
in southern Yugoslavia reached the
top of the Communist leadership
last week when two Politburo
members resigned.
Diplomats and journalists spe-
cializing in Communist affairs
could not recall a precedent for the
resignation of a Politburo member
of a ruling Communist Party in
public protest against party poli-
cies.
The resignations of the Politburo
members. Franc Serine and Bosko
Kiunic, coincide with a wave of
demonstrations against the dram-
nance of Albanians in Kosovo
Province, nominally an autono-
mous pan of the Serbian Republic.
The atmosphere in Kosovo these
days is one or sullen mistrust, and
there are credible reports that both
sides have arms at the ready.
Marko Lolic, executive secretary
of the Communist Party presidency
in charge of agnation and propa-
ganda, praised Mr. Serine and
called his resignation “an act of
morality”
He depicted the Kosovo dispute
as largely an issue of underdevdop-
mem and misused aid.
“Yugoslavia has given enormous
resources to Kosovo ” Mr. Lolic
said. “They wen t to top people who
used them arbitrarily. Pristina is
full of grand hotels, ramU build-
ings far beyond Kosovo’s needs.”
According to a statement read by
rate of their leaders, the protesters
also demanded “an argent session
of the parliament, which should un-
seat the government of Premier
Branko MSknlic."
Hundreds of policemen sealed
off a downtown area in front of the
paihament baflding.
Yugoslavia has Seen faced with
increasing social and labor unrest
in the face of the worst economic
crisis in the country’s post-war his-
tory, including 217 percent infla-
tion and a S21 billion foreign debt
Throughout Yugoslavia, Pris-
tina. the provincial capital is re-
garded as a town of architectural
mp galrtmania amid pervasive pov-
erty.
More shoeshme men sit at the
foot of sumptuous but negleoed
and rapidly decaying buildings
than there will ever be customers,
and beggars abound. Of Kosovo’s
work force. 2404100 are employed
and 130.000 jobless.
But despite the economic woes,
mret Yugoslavs as well as foreign
di plomats view the tension as stem-
ming less from material sources
than from the psychological wound
of ethnic fear, and therefore even
more explosive and less susceptible
to settlement
In his letter of resignation, Mr.
Serine said he was stepping down
from the party’s top body to sound
an alarm.
He wrote: “Tins is a warning —
if it can be heard above the general
rtnrnnr — that tbe last hour has
come for us to crane to our senses
and rid ourselves of harmful emo-
tions and passions, varied national-
istic and dogmatic legends and fol-
low the voice of reason and
progress.”
No such voice was heard in con-
versations with Serbians and Alba-
nians during a four-day vial to
Kosovo in September. Serbians for
the most part echoed the passion-
ate lawgnage of the rallies, which
began in Inly.
Serbians and Montenegrins,
Slavic peoples that number about
200,000 among 1.7 million ethnic
Albanians, assert that since a mass
Albanian uprising in 1981 they
have become targets of Albanian
terror intended to drive them out of
iheprovince.
The ultimate goal of the Albani-
ans, whose heritage is Moslem, is
said to be to incorporate Kosovo
into Albania.
Since 1981, about 30,000 Slavs
arc estimated to have abandoned
Kosovo, which looms large is Ser-
bian national history. It is a signifi-
cant center of medieval Slavic cul-
ture and the Serbian Orthodox
faith.
Charges of rapes of Slavic wom-
en by Albanians dominate Serbian
c on versations. Other allegations in-
clude murder, assault, arson, de-
struction of crops and cattle and
terrorism through threats.
The word genocide is frequently
used, only occasionally qualified
by the adjective cultural Since
1981, the number of villages inhab-
ited solely by Albanians is said to
have risen from 606 to 700.
Crimes have occurred, Yugo-
slavs and diplomats agree. How
widespread they are, anothe extent
of any retribution, is a matter of
dispute.
Yugoslav workers outside rite parliament in Belgrade on Tuesday demanding higher wages
Dw VMc/lfec Aummm ha
and the resignation of the government.
Aviation history and Lufthansa
grew up together.
© Lufthansa
WORLD BRIEFS
Failing nf Solzhenitsyn Is Challenge!#
MOSCOW (AP) —The Union of Filmmakers of the Soviet Union and
Tuesday that it bad asked the government to review tbe legality of the
1974 deportation of Alexander I. Solzhenitsyn, the Nobel prizawhuring
author.
Mr. S olzheni tsyn was deported and stripped of his atizensmp after
publication in the West of his three-volume study of tbe Soviet system of
political prisons, “Gulag Archipelago." Tbe union's request for reconsid-
eration of Mr. Solzhenitsyn’s exile is based strictly on legal grounds, said
Arkadi Vaksberg, a prominent lawyer and writer.
He was exiled “contrary to bis wilT and “without giving trim the
opportunity to defend himself," stud Mr. Vaksberg. The fitanakra 1
union is seeking a response from the Presidium of the Supreme Soviet by
Mr. Solzhenitsyn's 70th birthday, Dec. 11.
Major Quake Seen likely in U.S. East
WASHINGTON (AP) — A major earthquake is nearly certain' to
strike the eastern two-thirds of the United States in the next 20 yean,
threatening havoc in a region unprepared for such a disaster, the head of
tbe National Center forEarthquake Engineering Research at the State
University of New York at Buffalo said here Tuesday.
Robert L. Ketter declined to pin down a location, but he said
sites included (be areas of Memphis, Tennessee. Charleston, 1
Carolina, Boston. Salt I -ate City and New York City. The probability of
a destructive quake occurring at any pitfoilnr spot is low, he said.
“However, the probability of one occurring somewhere in the casern
United Stales before the year 2000 can be considered better titan 75
percent to 95 percent Before the year 2010, nearly 100 percent," he IQ
symposium on quakes. He noted that unlike California, the UJL East
paid little attention to the danger.
U.S. Balks at Unveiling Stealth Jet
WASHINGTON ( AP) —Tbe Defense Department derided ai the las
moment Tuesday to caned the official introduction of its Stealth jet
fighter, forcing a senator to caned a news conference and the Pentagon's
spokesman to reassert official secrecy over the iadar-evadin&plaoe.'
Doug Falter, a spokesman for Senator Otic Hecht, Republican of
Nevada, said the senator bad planned to Himm the Stealth fighter
program with reporters Tuesday after the Pentagon unvoted the pUne.
According to Pentagon informants, the more man 50 Stealth fighus
built for die air force are based ax a tightly guarded facility in Neradi
The plane, known as the F-19 by industry offirials, uses special designs
and composite materials that evade detection by radar and othersensoc
Dan!"
that
nor would be explain why a public disclosure had been canceled, or
confirm that there is a Stealth fighter.
Terrorists Slay Madrid Policeman
MADRID (UPI) — Leftist guerrillas shot and kilted a pobcenaatfa
crowded government office Tuesday in the first fatal terrorist in
the capital in nearly 17 months, authorities said.
One of the assailants fixed pant-blank at the policeman's head and
shot him a second time as be lay on the floor. Police said the vkm
Bernardino Ortega, 47, died instantly. The two other attacks* one d
them a woman, then opened fire to force their way through # crowd
waiting to renew identity cards. A second policeman was slightly wound-
ed- Witnesses said tbe assailants picked up a pile of blank kkariiy cards
before fleeing.
State security officials identified the three as members of the Wrist
urban guerrilla movement known as GRAPO — the Spanish acronym for
October 1 Anti-Fascist Resistance Groups.
Cuban Dissident Will Co Into Exile
HAVANA (AFP) Rica rd o BofiH, one of Cuba’s best known <£ss S
dents and human rights activists, said Tuesday that he would be aflowft/i
to leave the country this week for West Germany but would not be
permitted to return.
Mr. Bofin, founder and president of the banned Cuban Committee for
Human Rights, said he would leave Havana on Wednesday for Madrid
before iravdmg on to Frankfurt After undergoing medical treatment in
Frankfurt Mr. BofiH sod. he will remain there to work for the Interna-
tiona! Human Rights Society. He said that be desired to return to Ips
homeland but that Caban officials would grant him only a one-way visa.
Mr. BofiD a nnounc ed in July that he andother Cuban dissidents would
try to form a political party. President Fidel Castro, however, issued a
strong wanting against any new parties.
For the Record
More than 245 raflfioa people now fire in the United States, the Census
Bureau said Tuesday, a total pushed upward by the combination of
continued strong immigration and an increase in the natural growth of
utetion. As of Jan. 1, the total was 245,110,000 people, up from
r . .
i.V
! composite materials that evade detection by radar and otbersensnE.
Jan Howard, the Pentagon’s chief spokesman, would not actoeviedgj
i the department had been close to releasing information CBlbejjv
the
242,'
5,000 a year earlier.
(AP)
JjVo bombs explode d Tu esday in the ethnically troubled Alto Adige
- ■ demolish
r .. »r - B ymdows and cars and uwuwmiiu» a uuu«a*u ujtuu.
^ m ®°k ano - No injuries were reported. Responabilitv
was ctomed by a Gennan-spcaiong extremist group, Ein Tyrol (One
Tyrol), that is seeking to reunite the region with Austria. (AP)
TRAVEL UPDATE
4
Albania Tours Offered by U.K. Firm
SigrasarasbMsss i
s,i£ssSH^?^sst‘
said passenzers would he w,, — . j
t.
be x-rayed or inspected by hand.
(Ream)
INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 1988
Page 3
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Republicans Are Fading in Senate Races
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Governor Michael S. Dukakis bearing contraband drags mto an incinerator in Detroit to emphasize Us position on illegal drugs.
By David E. Rosenbaum
New York Times Service
WASHINGTON —As the elec-
tion campaigns across the United
States this fall have heated np. Re-
publican rfranry, of regaining con-
trol of the Senate seem to have
become more remote.
Several Democratic senators
who seemed vulnerable earlier in
the year have solidified their posi-
tions, and at this stage of the cam-
paign all IS Democratic incum-
bents who are running for re-
election seem to be ahead, most of
them by solid margins
Meanwhile, 2 Republican sena-
tors, One Hecht of Nevada and
David K_ Karnes of Nebraska, are
believed to be trailing their Demo-
cratic challengers, and several of
the 10 other Republicans up for re-
daction are in uncomfortably dose
races.
These assessments are based on
interviews with politicians, politi-
cal strategists and independent an-
alysts here and in the various states.
The consensus is that the Demo-
crats, who now hold a seat advan-
tage of 54 to 46, are more likely to
gam seats in November than to lose
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THE HUSTINGS
Dukakis Calls Bush a Failed Official
‘i /EVANSTON, Illinois (AP) — Governor Michael S. Dukakis said
pftesday that Vice President George Bosh b«d failed every assignment in
office and that American business bad suffered as a result.
“We cannot build a strong and vibrant economic future far America on
a mountain of debt, and tire American business community knows that,”
Mr. Dukakis, the Democratic n ominee for president, said in a speech at
U.S. Agency Says It Hid
Nuclear Plant Incidents
Northwestern University.
Mr. Dukakis said Mr. Bosh had failed his aawgmr
U.S. sales in Japan, refo r ming regulated sectors of the
ik. »ik.. -C ... .1 irJL.J's... l: ■
U.S. sales in Japan, reforming regulated sectors of the economy, blocki
tire entry of drugs to the United States, curbing inte rnational terrach
and reforming the nation’s hanging system.
“Up D..I. e . ■ : i . - ■ ■ - .-•
I in a speech al
ion promoting
H , blocking
terrorism
it mi warms by this at lm i n i s ft qi rion
Invrilinu
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“Mr. Bosh was given five
and he failed every one,” Mj
Democrats Aim for War-Chest Parity
BOSTON (Raitera) — For the first time since 1974, when Congress
imposed spending r atings for presidential rierfip ng , the Democratic
Party is mounting a serious challenge u> the Republican fundraising
dynasty.
Robert Fanner, the chief fundraiser for Governor Michael S. Dukakis,
says he aims to raise $50 nulHon for the Democrats, and the usually
prosperous Republicans have vowed to match their rivals dollar for
dollar.
“We are making history — this is the first time we’ve even conre dose to
the Republicans,” Kristen Demang, the Democrats’ chief of financial
operations said this week.
vF or the Debate, a No-Win Situation
WASHINGTON (NYT) — AD those “highly informed’' television
reporters are tom with grief. AH those eager campaign analysis, all those
expert columnists covering tire political campaigns, aD those political
consultants who appear with the network anchors — all are deeply
distressed.
The reason: word that the vice-preadential debate on the major
television networks Wednesday night will be followed immediately by
regular programs, with no political discussion.
So ih^wiDnm be the normal half-hour “spin” by all the experts who
idl the uneohghtared viewers who won and who k»L
By Keith Schneider
New York Tana Service
WASHINGTON — The De-
partment of Energy said it was re-
sponsible. along with its predeces-
sor, the Atomic Energy
Commission, for keeping secret
from the public a number of serious
reactor accidents that occurred
owbt a 28-year period at the Savan-
nah River plant in South Carolina.
The Energy Department on
Monday exonerated EL dn Pont
de Nonours A Co^ the operator of
the enormous midear plant, from
responsibility, saying the company
had fulfilled hs obHgatioa to notify
die government about the inci-
dents.
The department spokesman, G
Anson Franklin, said Du Pont had
notified the regional office in Ai-
ken. South Carolina, near where
the plant is situated, but the infor-
mation apparently never mada its
way to the secretary of energy or
his deputies in Washington.
Moreover, a memorandum writ-
ten in 1985 by a Dn Pont scientist
to his siQxriors summarizing 30
“reactor incidents of greatest sig-
nificance” at the federal nuclear
weapons plant, which included the
melting or fud and extensive radio-
active contamination, was never
acted oa.
Hie Energy Department said it
was seeking to determine ' why
Dothxng was done about the memo-
randum.
The department said the failure
to disclose the problems illustrated
a deeply rooted institutional prac-
tice, dating from the days of the
Manhattan Project in 1942, which
regarded outside disclosure of any
incident at a nuclear weapons pro-
duction plant as harmful to nation-
al security.
Lawmakers »nd managers at the
Energy Department said Monday
that the agency was tom by con-
flicting views of what sorts of
events at die plant should be made
available to tire public.
The conflict is dividing Secretary
of Energy John S. Herrington, an
advocate of more stringent safety
procedures and public candor, and
many of the agency’s managers sta-
tioned at field offices near the 17
laboratories and production facili-
ties that mak e np the weapons pro-
duction complex.
Warsaw Pact Nations Meet
The Associated Press
BUDAPEST — A regular ses-
sion of the military councfl of the
Warsaw Pact armed forces attend-
ed by delegations from the Soviet
Union and the other six member
countries opened Monday, the offi-
cial MTI news agency said.
However, Senate races are diffi-
cult to handicap with confidence.
Few analysts, for instance, predict-
ed the 12-seat Republican gain in
1980 or forecast that the Demo-
crats would pick up 8 scats in 1 986.
With more than five weeks to go
before Election Day, races that
now seem one-sided could tighten
up, and one candidate ox another
could pull away in contests that
now appear to be dose.
“It’s a long time out yd, and the
issues are just now bemg joined,”
said Senator Rudy Bosch witz of
Minnesota, chairman of the Na-
tional Republican Senatorial Com-
mittee.
Nonetheless, the long odds the
Republicans face can be seen by
analyzing the 33 Senate races stale
by state.
Thirty-six Democratic senators
and 31 Republicans are not up for
election this year. Fi ghiwgi seats
held by Democrats are being con-
tested, as are 15 hdd by Repubb- ]
cans. 1
Democrats scan sure to pick up
a seat in Vbgima. Paul S. Tnble Jr,
a Republican, is retiring, and for-
mer Governor Charles S. Robb, a
Demooat, is expected to be dected
in a landslide.
For Republicans to win back the
control of the Senate they lost in
tin; 1986 election, they would have
to keep all their seats that are at
Stake except the one in Virginia and
win five seats now hdd by Demo-
crats.
This is the case no matter who
becomes the vice president, who, as
presiding officer, casts tie-breaking
votes in the Senate.
If Senator Dan Qnayle of Indi-
ana is dected vice president, a Re-
amor Robert D. ^torcplacchim,
and Mr. Qnayle would break a 50-
50 tie in favor of Republicans. If
Senator Lloyd Benisen of Texas
becomes vice president. Governor
Bill Clements wfll appoint a Re-
publican, which win give Republi-
cans an a dd i ni**™! scat.
Democratic and Republican
strategists agree that 10 Democrat-
ic senators and 4 Republicans are
not ihnrarwiffri at all
The Democrats are Mr. Bentsen,
who is running again for the Senate
as well as for vice president, Robert
G Byrd of West Virginia. Dennis
DeCondni of Arizona. Edward M_
Kennedy of Massachusetts, Spade
M. Matsonaga of Hawaii, George
J. Mitchdl of Maine, Daniel Pat-
rick Moymhan of New York, Don-
ald W. Riegle Jr. of Michigan, Paul
S. Sarbanes of Maryland and Jim
Sasser of Tennessee.
The Republicans are John C. '
Danforth of Missouri, Qnin G.
Hatch of Utah, John Heinz of .
Pennsylvania and Richard G. La- I
gar of Indiana. |
Here, then, is what the Republi-
cans must do to win a majority:
• Hold the seats in Nebraska
and Nevada, where the Republican
senators appear to be behind their
challengers.
• Hold seats in California, Con-
necticut, Delaware, Minnesota,
Rhode Island and Wyoming, where
Democratic challengers are within
striking distance of Republican in-
cumbents. Democrats believe they
have at least an even chance to win
in Minnesota, and the Republi-
cans' position in California and
Rhode Island is only slightly less
shakv.
* Win the five seats other than
Vir ginia where no incumbent is
running. In Vermont, Rep. James
M. Jeffords, a Republican, is said
to be comfortably ahead. The con-
tests in the other four states —
Florida, Mississippi, Washington
and Wisconsin — are toss-ups at
this stage, with the Republicans
seemingly slightly stronger in Flor-
ida than in the other three.
• Win upset victories over Dem-
ocratic senators in at least two of
the following states: Montana.
New Jersey, New Mexico, North
Dakota and Ohio. Earlier in the
year, all these seats seemed ripe for
Republicans, but the challengers
have not fared as well as party
leaders hoped.
Tom Mason, communications
director for the National Republi-
can Senatorial Committee, framed
the contests slightly differently. He
maintained that to win control of
the Senate his party would need to
win three of the five states be calls
the “M and N states": Montana.
Nebraska, New Mexico, Nevada
and North Dakota. He acknowl-
edged that Republican candidates
were now behind in all free.
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The Movado* Sapphire Museum* Watch: A futuristic interpretation
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{’ or over ninety years London's Tower Bridge has been a major daytime attraction.
/ ,:^r ► But since May 1988/ a specially designed and discreetly sited floodlighting system from
% iHailfi'. 1 ‘ ■ Philips has been highlighting the entire bridge from bank to bank and creating a spectacular
; ' 3-D modelling effect on the drawbridge towers. So now the Gothic beauty of this famous
Gateway to London can also be admired during hours of darkness. ► The historic
s Westminster Bridge and the adjoining Houses of Parliament/ as well as the new Thames
th - * 1
Barrier that protects London against the threat of tidal flooding, are also highlights of Philips
7/ ? leadership in lighting. ►►► Yet lighting for bridges and barriers is only one aspect of Philips
B f|| % ill * ■* ‘ • , ’’ r !*' technology. ► For example, we supplied Europe’s first fully-automatic vehicle tolling.
1 . • j ''"v- V‘ v j
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PHILIPS PUTS TECHNOLOGY ACROSS BRIDGES AND THROUGH TUNNELS.
. H’lmi
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billing and control system for the Alesund-Ellingsey-Valderay-Giske cross-fjord tunnels
in Norway. ► We are responsible for design, supply, installation and commissioning of
the technical systems for Hong Kong's Route 5 Tunnel Project. ► In the U.K., our advanced
video systems are used for traffic surveillance along busy stretches of the M4, M8,
M25 and Midland Link motorways. ► And in Singapore, we were awarded a S$ 50.2 million
turnkey contract for the mechanical, electrical, electronic and communication systems
of the new Central Expressway that will run through and under the heart of the city.
►►► Across bridges, through tunnels and along highways the world over, you can rely
on Philips technology to make your journey very much safer and far more efficient.
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Page 4
WEDNESDAY, OCTOBER 5, 1988
HcraliSKSribunc,
PtabliJwd VllklWo \ n»t Tiw lad Thr t W i rngl nq Port
Honor to Peacekeepers
OPINION
The award of a Nobel Peace Prize to the
far-flung UN peacekeeping forces is al-
most everyone's idea of the way these
things ought to be done. The award cap-
tures the spirit of the day, at a time when
this service of the United Nations is being
applied in new places — the Gulf. Afghan-
istan, perhaps next in the Western Sahara
and Namibia. It also bestows deserved
recognition on a function that is at the
heart of the world organization’s founding
purpose and enduring rationale.
Currently the United Nations has seven
peacekeeping missi ons going, with a total of
about 10,000 people in Cyprus, along the
India-Pakistan cease-fire line in the disput-
ed region of Jammu and Kashmir, and in
several Middle East locations, plus the Gulf
and Afghanistan. Over the years, 733 peace-
keepers in their trademark blue helmets
have been killed — in the name of the
abstraction of international peace. Some
governments may have had a political pur-
pose in putting their soldiers at risk in this
cause, but man y of the m also fdt the tug of a
powerful ideal One American member of a
current UN peacekeeping mission. Lieuten-
ant Coload William Higgins, has been a pris-
oner of terrorists in Lebanon since February.
It is quite likely that the bestowers of this
Nobel bad in mind something beyond trib-
ute. The Soviet Union and the United States
have evaded their financial obligations to
peacekeeping operations, ad ding to the im-
mense strains on the work, budget and mo-
rale of the United Nations. Only now are the
two great powers ready to acknowledge, in
parallel due advantages of controlling inter-
national chaos through this service. For the
two of them to join in the applause for the
prize without paying their full assessments
promptly should be unthinkable.
The award draws notice to die connec-
tion between peacekeeping and peacemak-
ing. Peacekeeping can and often does mean
stifling the guns and separating the combat-
ants but not necessarily resolving the dis-
putes that put them at odds. But “peace" in
the sense of a cease-fire or truce can help
establish the conditions for seeking a deep-
er peace while limitin g h uman suffering and
loss, and preventing disputes from bong
resolved on the basis of strength alone.
These are the plentiful gifts for which Unit-
ed Nations peacekeeping is honored now.
— THE WASHINGTON POST.
Let 100 Sports Bloom
South Korea deserves Olympian honors
for staging a glorious global spectacular —
the first trouble-free Summer Olympics
since 1964. More athletes from more coun-
tries competed in more events than ever
before. But these superlatives raise yet an-
other question: Is the Olympics getting to
be too much of a good thing? Too many
events, not enough focus?
Ask any 10 viewers which events to zap,
which to keep and what to add, and you will
get 10 answers. After the outrageous mis-
handling of several boxing bouts in Seoul
some argue for e liminating all sports that
involve subjective judgment Although the
brutality of boxing is grounds enough for its
elimina tion, a no-judges rule would mean
no diving either, no Greg Louganis.
Others would cut out ports that have
focal world championships of their own, like
tennis with its four grand slam tournaments,
a sport that was restored to the games this
year. But such a standard would also knock
out soccer, an established Olympic sport
Others propose eliminating synchronized
swimming. Too arty, they say; not a
“sport" More arty than figure skating? In
any case, judging from all the air time NBC
gave it that must be a big audience. And if
synchronized swimming goes, can tae kwon
do or handball be far behind?
Incurable romantics yearn for classical
purity, like the ancient games? Those were
for Greek males only, no women. That
wouldn't fly now. The government gave win-
ners cash prizes. Some do nor*; most don’t.
Today, under the loose reins of the inter-
national committee, national and interna-
tional federations for each sport set their
own rules. So t ennis , for example, can be
all-professional, while basketball is mixed.
Don’t expect consistency soon.
The Olympics are growing, and soon will
grow again; baseball will become an official
sport at the Games of the XXV Olympiad
in Barcelona, and bowling wants lo be.
Jousting over how the Olympics should
be run is not yet an official sport, and there
may be no way to limit the growth. Smart
television producers may wish to be dis-
criminating in what they transmit, but, as
for which events are included in the Olym-
pics^let a hundred sports bloom.
— THE NEW YORK TIMES.
Once again, not everything went well in
the Olympic Games. There was a major
drug scandal some outrageous judging, an-
other infusion of professionalism and a
continuing excess of nationalism in other
words, it was pretty much the Olympics-as-
ustuJ — not a bad outcome considering the
dark clouds of apprehension that hung over
the Games when the torch was lit in Seoul.
At that time there were still fears of some
devastating act of terrorism by North Ko-
rea or some more distant dements. Long
before the Games had ended, though- the
fears had been largely forgotten. The Sooth
Korean government and people did them-
selves proud in playing host and in keeping
the peace; the biggest threat to the prevail-
ing narmony was the Koreans’ displeasure
with scane of the American television cover-
age of them — a complaint, they share with
a number of recent American presidents.
As for the American athletes, they took a
step back down from the heights scaled at
the 1984 Games in Los Angeles, where a
boycott by Eastern bloc nations allowed
U S. domination. This year the East was
back, and the Americans finished a distant
third in the nation-by-nation medal counts.
Afterward, as usual, some American
sportsmen called for a better-financed and
better-disciplined US. effort, and indeed a
number of gold medals were apparently lost
solely because of laxity or lack of practioe —
a boxer fails to get to the ring in time for his
bout, a baton pass is missKri in a relay race, a
young gymnast observes a performer from
an illegal place, ramsing a damaging penalty
against the U.S. team. But also as usual there
were those electrifying and often unexpected
triumphs from the Americans — the swim-
ming victories of the tiny Janet Evans; the
wild celebration of the US. baseball team
and its one-handed w inning pitcher, Jim
Abbott; the heart-stopping rush of sprinter
Evelyn Ashford as she surged to victory in
die final leg of the 400-meter relay.
Such moments have more to do with the
spirit of the Games than do the medal
counts. On the final night, the American
boxer Roy Jones was deprived of a gold
medal by the judges in a bitterly disputed
deriaon. Shortly afterward, Andrew May-
nard fought Nourmagomed Chanavzov of
the Soviet Union in a bght-heavyweight
bout The two fighters battered one another
for three rounds, fighting bravely if none
too artfully, displaying both the best and
the worst of this sport which dates bade
over two millennia to the anrient Olympic
Games. When the final beO rang, Mr. May-
nard, exhausted, bruised and with no partic-
ular reason to think that these judges would
prodaim him the winner, nevertheless turned
and embraced his opponent, and the two,
with their arms over one another's shoulders,
pivoted awkwardly, bowing to the crowd on
aS four sides of the ring. When, a few nan-
nies later, Mr. Maynard was proclaimed the
winner, it was almost an anticlimax.
— THE WASHINGTON POST.
Other Comment
A Thaw Between Two Giants
Beijing and Moscow are beg innin g to
move closer in their thinking. While their
natio nal interests continue to command pri-
ority, they share the view that they would be
better off if the tension between them were
reduced. Both rides are occupied with re-
vamping their economies and removing the
fetters that communism imposed on individ-
ual initiative. This is not an easy task, and
they realize they have enough problems with-
out having to take upon themselves the add-
ed harden of ever-rising defense spending.
If a Deng-Gorbachev meeting has be-
come a possibility it is because the Soviets
have started to solve two of the three obsta-
cles which the Chinese insist have to be
removed before relations can be normal-
ized. Moscow is withdrawing its troops
from Afghanistan. It has pulled its forces
back from the Chinese-Soviet border. More
importantly, the Soviets appear to be put-
ting pressure on Vietnam to pull its troops
out of Cam bodia. The amount of that pres-
sure, and the degree to which Moscow is
w illing to risk the loss of Cam Ranh Bay,
are undear. For the moment, the Chinese
are satisfied that die Soviets are willing to
help resolve the Cambodian issue.
Chinese-Soviet normalization promises
to yield economic dividends for the two
countries. Border trade, which is already
booming, wiD further increase. The ex-
change of Chinese consumer goods for So-
viet timber and machinery will be broad-
ened to include other commodities. Because
the goods are bartered, both rides will be
able to conserve their limrtwl foreign ex-
change: From the regional perspective, the
reduction of tension between the two en-
hances peace in this area. The weapons of
destruction which both sides have are awe-
some [and] capable of igniting a world war.
This is not to say that China and the
Soviet Union will no longer compete for
influence. They are likely to continue to do
so. What is encouraging about Chinese-
Soviet developments in recent years is that
the desire to limit tension and prevent dif-
ferences from spilling into open conflict is
stronger than ever before.
— The Straits Times (Singapore).
Knitting Pakistan Together
The return of party politics to Pakistan
was always going to be difficult Army rule
has alienated the population from the gov-
ernment. A dental of democracy now could
only make that estrangement worse: But a free
and fairly elected government which could
Harm to represent all the people just might be
able to knit the country together again
— The Times (London).
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mrf
pfcbwB-
Defense: Dukakis
Can’t Have It
Both Ways
By Midge Decter
N EW YORK — Anyone ctf vot-
ing age knows enough toww
for granted that when he baas
r ~~T . — r campaign oratory he will get a cnat^
( — i T m i — — aetenstieally and intentionally de-
) 4^ J) ~~T r -A based form of discourse- Thus, the
* — presidential debate should not have
Mr. Conservative Shows the Candidates the Way
W ASHINGTON — With a sense of tuning far
better than he could have calculated, Bany
Gold water this month publishes his autobigraphy.
In “Goldwater," the 1964 Republican presidential
nominee and hero of the modern American con-
servative movement reflects on an unusually rich
life of almost eight decades and on the current
political and gover nmental scene.
His collaborator. Jack Casserly, has not cen-
sored Mr. Goldwater’s uninhibited vocabulary,
so the book bristles with characteristically point-
ed Goldwater judgments on people in politics,
business and the press who have crossed his path.
What makes h pertinent, beyond the pleasure of
bearing the authentic Goldwater voice rate more
time, is the light it sheds an today’s Republican
Party. It is a party to which Mr. Goldwater.
probably more than anyone else, gave his stamp.
Today we are accustomed to thinking of the
Republicans as the party of conservatism. Before
19m that was hardly the case. AD through the
1930s, ’40s and ’SOs, moderate-progressives con-
trolled its nominations. In 1960 apolitical chame-
leon, Richard Nixon, signed a deal with Nelson
Rockefeller that ranched nis nomination- He chose
as his r unning mate a liberal Republican from
Massachusetts. Henry Cabot Lodge. Eight years
later the deal that nominated Mr. Nixon was
signed with Strom Thurmond of South Carolina.
And when it came time to choose a running mate,
Mr. Nixon passed up the governor of Massachu-
setts, John Volpe, and chose a more right-wing
new face, Spiro Agnew of Maryland.
What had happened in between was the Gold-
wzierizatkmoi the Republicans — the most signifi-
cant losing presidential cam paign since A1 Smith’s
By David S. Broder
in 1928. Just as Mr. Smith forecast the shape of the
New Deal coalition, Mr. Goldwater’s race re-
shaped the Republican Party in ways that let it win
four of the next five presidential sections.
He moved the party south and west, out of the
Atlantic seaboard ana the Middle West and into
the Sunbelt. He moved it from advocacy of federal
civil rights action to a position of hostility or
indifference. He moved it rightward on a whole
variety of other issues, and it has never gone back.
Ronald Reagan got his start in that 1964 cam-
paign, with a memorable national television ad-
dress. George Bush has his roots in the same
experience. He first ran for office (a Texas Senate
seat) in 1964 and called himself “a Goldwater
Republican.” The link between the two men is
provided by Dean Burch, the young lawyer on Mr.
Goldwater’s staff who became the Republican
national diairman in 1964 and who is today cme erf
Mr. Bush's closest friends and advisers.
Mr. Burch is just one of scares of Republicans
stiD playing key roles who were drawn into politics
by Mr. Goldwater’s cam paign Why was it so
influential? Because Mr. Goldwater took the is-
sues seriously but was wonderfully irreverent
about himself. It is a lesson that both Mr. Bush
and Michael D ukakis could profitably ponder.
Reading this book, you are left in no doubt why
Mr. Goldwater told a startled Dan Quayie recent-
ly to“tdl George to start talking about the issues.”
That is what politics is about to him ■— not the
pursuit of power but the dash of ideas. He was
eager to compete in 1964 a gainst John Kennedy.
for whom be had great affection, because he knew
that Mr. Kennedy would debate policies.
He dreaded running against Lyndon Johnson,
and not jost because his political judgment told
him that the American public wand not vote to
change presidents again just a year after tin trau-
ma of the Kennedy assassination. Mr. Goldwater
also guessed correctly that Mr. Johnscn would not
tolerate a principled debate on die issues. But he
wmt oat mid about ins beliefs in what he
knew was a foredoomed campaign
That stick-to-his-guns quality was half of Mr.
Goldwater’s appeal. In contrast, Mr. Bush is
campaigning luce a man who can’t stand the
thought of losing. That fear has led Mm to use
tactics that Mr. Goldwater — who gave him an
important endorsement last winter in New
Hampshir e — plainly can barely stomach. It has
led Mr. Bush to hedge an Ms baric beliefs.
The other half of Mr. Conservative’s appeal was
Ms inHriihlft wnw that there is more to fife than
politics, that friendships and f im are not depen-
dent an the vote count Every aspiring candidate
should read the chapter called “A Double Lifo” in
which Mr. Goldwater contrasts “the straight fife’’
of Ms political career with “the sweet fife —
athlete, ham radio operator, pOot, car buff, pho-
tographer, and aH-aronnd tinkerra.”
Mr. GokTwater knows that victory can have too
high a price; just read Ms scathing words on Mr.
Nixon- And he is living proof that defeat can be
the source of future vindication, if you are true to
your convictions and keep a sense of humor about
yourself. His antobiography is a reminder that
politics can be both principled and pleasurable:
The Washinpon Past.
With Help, Haiti Can Still Engineer a Democracy
W ASHINGTON — There was
great hope for democratic re-
form in Haiti when Jean-Claude Du-
vaher was driven into exile in Febru-
ary 1986. Now, 32 months and four
governments later, skepticism and
cynicism characterize the public
mood. Is democracy in Haiti posable
under any drcmnstances? Does the
United States have sufficient inter-
ests in Haiti lo get further involved in
an apparently hopeless cause?
To answer the latter question first,
yes, the United Slates does have spe-
cial interests in Haiti. Political up-
heaval in this poor Caribbean nation
could send waves of refugees on foot
into the adjoining Dominican Re-
public, with destabilizing effect on
that struggling democracy, and by
boat to the beaches of Florida.
Economic collapse could lead to
food and petroleum shortages and
calls for greatly increased external
aid. Moreover, the establishment of
an unfriendly regime there, only
miles across the Windward passage
from Cuba, could open that strategic
waterway to virtual free passage of
Colombian drug traffickers.
By Ernest H. Preeg
presidential palace, the military gov-
ernment under General Henri
Namphy had painted itself into a
corner of political isolation and eco-
nomic stagnation. It had violently
aborted democratic elections last No-
vember and jettisoned the new con-
stitution, adopted last year as a basis
for democratic, civilian rule.
U-S- economic aid to the Haitian
government was then cut off, and aid
from France. Canada, and the World
Bank has been greatly reduced. For-
eign exchange reserves are exhausted.
Development projects languish. New
private investment is virtually nil
Some companies may puD out
President Avril faces the challenge
of putting the country back on the
track of political and economic re-
form while consolidating his power
base within a rebellious army.
Haiti has become a tindobox. Its
small, ill-equipped army of 7,000 is the
only available force for maintaining
law' and order. The country has a long
history of violence, and when tbae is
no tangible hope for the future, frus-
tration builds. Whether the threat of
violence comes from the still relatively
unorganized radical left, from the old-
guard Duvalierists or from democratic
elements opposed to rmlhaiy rule, the
outcome would be tragic.
How did everything go so wrong?
How can it be put right?
The course of events from February
19S6 to the aborted election of NO-
TTS 13 O CLOCK. ■
DOTO3WCW
WHDVCUR
CCTTORIS?
' f ;r.c • •f/peirt-
- ’ •*-c s.v-1
i - l _ ' J-V!
I m
American Intervention Would Be Folly
A S Haiti lurches from crisis to crisis the United States stands by seemingly
_ , impotent, incapable of deciding either to bring real pressure on the
regime to mend its ways, to use economic aid to keep the country from .sinking
sifli further into poverty — ■ or to intervene militarily.
The last time the United States intervened in Haiti was in 1913. The
situation was not unlike today's. There had been continuous dvfl war,
rebellion and riots, and six presidents in four years. The fast one. Guillaume
Sam, had been captured by a mob and hacked to pieces.
Washington was perturbed. Would the Europeans intervene? The Panama
Canal had just opened, which appeared to increase the strategic importance of
Haiti. On July 28. marines and sailors from the USS Washington marched into
the capita], A bemused populace offered no resistance.
I he record of occupation was mixed The Americans provoked resentment
by reintroducing the French system of forced labor to build public works. Big
U.S. companies bought up the best land and evicted the peasants. Yet Haiu
developed as never before. There were roads, hospitals, ports and the first
automatic telephone system in Latin America. There was political calm
But resentment continued to build, and an independence treaty was finally
signed in 1933. Within years the roads and ports fell into disrepair, the phones
stopped working and the hospital equipment rusted.
Would the United States do better in 1988? There is no reason to think so.
itiseics ihculti da one thing: rertcre economic aid and let the r *oor know it
cares. Beyond thaL the Haitians have to do it themselves.
— Jonathan Power, International Herald Tribune.
vember 1987 was repotted by U.S.
media largely in trams of its confor-
mance with the Ameri can model of
democratic gov ernment: the drafting
of a new constitution, the separation
of powers under a duly elected presi-
dent and a free and fair election cam-
paign. Such a course appeared to be in
(he evident self-interest of all Haitians.
Unfortunately, this was a naive
misreading of motivations in Haiti.
Key elements of the power structure,
particularly the Duvalierists and the
army, felt threatened. Top Dnvalis-
ists were excluded from candidacy in
the elections, and post-election retri-
bution was feared by many. After
more than three decades in power,
the movement had become a pariah,
with prospects for near total exclu-
sion from the new gcrvemmenL
The situation of the amor was even
more critical since it controlled the
transition. Historically, the army dom-
inated thepoHtkal process in Haiti.
Framjois “Papa Doc 1 DuvaHer, how-
ever. broke army control of political
power, largely through creation c£ a
rival security arm, the dreaded Tonton
Macoutes. When the latter was dis-
banded in February 1986, anny con-
trol of the security apparatus was ef-
fecthdy re-estabhibea.
The numerous presidential candi-
dates, including the half-dozen or so
“centrists’’ with the best chance of
winning, had weak to nonexistent
power bases of their own to counter-
balance the disconsolate Duvalierists
and the increasingly ambitious army
leadership. So these candi d a t es com-
peted for popular support by pledg-
ing retribution for past wrongs, thus
increasing apprehension among Du-
valierists and army officers.
The manipulated election of Leslie
Manigat as president in January led to
a greater consolidation of army con-
trol He was a respected imefiectual
who had been tiving in exile, and the
principal members of Ms cabinet were
also returned exiles. This tended to
alienate i he government from many
r fied Haitians who had stayed in
country through the Duvafier
years. The Manigat government had
no real power baa; within Haiti.
In a somewhat obscure showdown
with factions of the anny leadership,
Mr. Manigat lost, and was flown to
exile on June 20. General Namphy
returned to the presidency only to be
ousted, in turn, last month.
The United States cannot control
events in Haiti, short of a militar y
invasion, which no one advocates.
Nevertheless, it does have consider-
able ability to influence the outcome.
What does this mean for die weeks
and months ahead? First, Haiti should
not be ignored during the election and
transition periods in the United States.
Washington should make certain
points clear to various sectors in Haiti:
• Economic recovery and sustained
development in Haiti are feasible in a
relatively short time, even a demo-
cratic government that is conqieteni to
manage its economic prog rams Haiti
has the great strength of its human
resources: an able, self-confident cad-
re of private sector leaders and techno-
crats, a labor force wfifing to work
hard and learn fast, and a culture
based on family loyalty and mutual
and family jinlrp with a half-nrilKnn
Haitians m America can boost the
development of Haitian exports, and
thus the overall economy.
• The United Sates stands ready to
marshal grcalfy mcrea9ed internation-
al suppott for a renewed irfocm effort
in Haiti. Economic aid would focus on
the enonnous needs in rural infrastne-
tme, health care and education. Pri-
vate sector support would promote
new investment and job creation.
• The need for democratic, compe-
tent government is the central chal-
lenge for Haitians, and the specifics
can be worked out only among Hai-
tians. In general, this would appear to
mean some form of national condliar
tion and unity. Respect for human
rights and a stop to' violence must
come first Cooperation among dem-
ocratic groupings should focus on the
future, not on past wrongs. The army
would have to relinquish its historic
dominance. Hie Duvalierist political
network, which is far broader than
the relatively few Maconte thugs*
would somehow have to cease being a
threat to democratic rule while offer-
ing up the talents of individual mem-
bras.
Haiti bas a potential for democra-
cy. as shown by the orderly plebiscite
held last year on the new constitu-
tion. Now, however, the issue rests
largely on President Avril’s shoul-
ders. He is a career military officer,
tainted by his years under the Dnva-
liers. But he is an intelligent man.
shrewd enough to realize that mili-
tary role has reached a dead end and
that real democratic reform is imper-
ative if the international community
is to resume its economic support for
Haiti.
The writer, U.S. ambassador to Hai-
ti from 1981 to 1983, is a senior fellow
at the Center for Strategic and Inter-
national Studies in Washington. He
contributed this comment to the Inter-
national Herald Tribune.
^^^Sal^ctapons
But when it comes to the issue of
defense policy and U.&-5oviet rek-
tions. Governor Michael Dnkabshas
been riving disingenuousness a who.|
new dimension- He is trying to soa%
with the hawks while feeding with tne
doves. The irony is that he must en-
dorse the results obtained by Ronald
Reagan while disavowing the means
that were necessary to achieve them.
It is no seoet that Mr. Dukatostong
numbered twrnsrff among the
opponents of nuclear weapons. Back
in the days when there was an active
movement for a midear freeze — the
days w hen the United States was
i h rt tn wi i ng , or promisixig, to deploy
mtomediato-range missiles in West-
ern Europe to offset the alrcady-de-
plqyed Soviet SS-20s, while the Soviets
on their side were engaged in a mas-
sive effort to keep this from happening
— Mr. Dukakis was a member of that
movement in good standing. . $
Currently he teet e rs back and forth y.
very dose to the edge of outright
imilatPraTiqn offering an OCCaSKHial
gracious nod to the Stealth bomber,
weapons S s^^s C ^^ ! have been de-
clared necessary to a modernized nu-
clear deterrent: the MX, the Midget-
man, the Strategic Defense Initiative.
SDL he masts, wifi, among other
disasters, smlc America’s already
overburdened economy. His own de-
fense policy is to strengthen what he
deems to be the country’s shamefully
neglected conventional forces.
But the members of the peace
movement who have all these years
been advocating such a policy, and
most especially Michael Dukakis, are
now in something of a pidde. Having
declared that the aims race in and of"
itself would inevitably end in nodear
war, they are now confronted with
the achievement of Ronald Reagan,
“warmonger” par excellence, who
has succeeded in getting Mikhail
Gorbachev to agree m principle to a
mutual redaction of nuclear arsenals.
One need not share President Rea-
gan’s faith that aims reduction by.f
itself will contribute to U.S. security'' r
— many of us do not — to recognize
that Moscow's concessions could
only have resulted from Soviet wony
about the renewal of U-S. military
— a — .L. « n I
administration undertook and mat
Michael Dukakis opposed.
Surety a mini in telligent enrmgh to
have got himsdf nominated for the
presidency knows what did actually
bring the Soviets to the point of sen-
ops negotiation: the upgrading of
U-S. midear weaponry, foe deploy-
ment of intermediate-range missiles
and the decision to launch the SDL
Mir. Dukakis dearly would prefer/'
that his audiences skip over the ernes-
turn of just bow the country nap- ’
pened to get where it is vis-J-vis the
Soviets, wiring the ddwte, he ob-
served that for 40 years Americans
have regarded the Soviets as enemies
and now Mr. Reagan has signed two
arms control treaties with them —
following which, without even a hint
of what might have connected these
phenomena in Ms mmrij he tamed on
George Bush and demanded to know
what he intended to do about the
Soviet need for economic bdp.
Leaving aside the almost comical
tone of triumph in which Mr. Duka-
kis issued this challenge, as if it were
George Bush and not he who had
been caught out in a contradiction,
one can hardly blame him for his
baste. Given the chance to think it
over, people mjght have been remind-
ed that h^ his ownviews on defense
finding 1 adriLble to reach agreed
meats, with America, would have had
with rclitf < or*widi .oontenmt^r
America's incapacity to grasp the real
properties and .ugs of power.
So it appears that Michael Duka-
kis will go on until Election Day, on
the one hand unable, lest it cost him
the election, to be the foil-throated
disanmer Ms true constituents want
Mm to be, and on the other hand
hemmed in and disarmed himself by
the need to pretend that he means to
beat Ronald Reagan and George
Bosh at their own game.
The truth is, however, that this is a
game his ideas would disqualify him
even from playing, let alone winning
^The writer te executive director cf the
Committee for the Free World. She con-
tributed this to The New York Tones.
100, 75 AND 50 YEARS AGO
1888: Jack the Ripper?
LONDON — The cauldron of mur-
der still boils and bubbles. To-day
{Oct. 4] the Daily Telegraph publishes
facsimiles of “Jack die Ripper’s” let-
ter and postcard. The handwriting of
die two appears entirely different on
a first inspection, bttt when examined
carefully they show that probably the
letter was written in the author's nat-
ural hand, and the card in a dis guised
one. Such expressions as “That joke
about ‘Leather Apron’ gave me real
fits," and “I want to get to work right
/lu»nl " anH rha im nf ika
here, who say that he won a long list of
52? *»* “8 *ropgh before
Oct 1. Whenever any moedufity was
“pressed be said, “WdL suppose we
mate a Bufc bet on iL" Hawjnany
cases of cfaan^ngne, boxes of fine a-
b very fond, win have to be sMrocd to
the canal zone is not (mown.
1938: Daladier Backed
PARIS— “Dust Hitler, but keen vn^
powder dry." This sums op thefonSow
a hoaxer or the murderer.
1913: Canal Wager Won
LONDON — Cokmri George W.
Goethals, chief engineer of the Pana-
ma fanal zone, is gwng to namg the
one c? the fan^T^dicsses of the
day, according to several Americans
t rt5r odl - Ste-
ms foe Czech costs. The
Chamber of Dqmties approving
pdky at the MoSS
Conreroice by 535 votes to 75^5 sfe
ESSS-Ss'
-go* die goverumattlaSH*
IAmfflumfonned theorigiaSp o 5
lar Front Ministry in
Can’t Hay
B 0 U 1 ^ a ;
INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 1988
OPINION
A Boswell Waxes Nostalgic
About Dinners With Andrei
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By A. M.
EW YORK — This morning I
.V- w ? k * up with a deep sense of nos-
talna. I was slunned when I suddenly
realized who 1 was being nosialEk
about Andrei Gromyko! ^
Mr. Gromyko and 1 go bade a lone
time together, though I wonder some-
times if he knows a thing about it
But oh, whal we wentmrough togeth-
er:. the walkouts from the United Na-
noos — he leading, me following — the
daily clash of minds between two men
doomed to be political adversaries but,
withal avilized in social encounter
never forgetting to bow to each other
. 'Clip lo malic dinners.
**He was responable for my first pro-
motion up the ladd er of journalism.
ON MY MIND
Dare 1 think that 1 played a role
m his nse? I dare.
As the years passed we drifted apart,
Andre and I. Our lives took different
— he on to be foreign minister,
member of the Politburo and then presi-
dent of the Soviet Union while I was left
behind, just hanging around The New
York Times. We became more and more
separated philosophically and poGtically.
I maintained my grumpy anitwtf toward
totalitarian regimes, induing the Soviet
Union's. Andrei and 1 were both Com-
munists, only he was pro and I anti.
/ Even Mikhail Gorbachev did not en-
tirely cure me of suspiciousness. I still
tend to peek undo: stones at everything
Mr. Gorbachev does — in chiding the
policy, so understandable to learned
American Kremlindogists, of fostering
Soviet democracy by gathering all Soviet
power into his own hands.
But, unlike me, Mr. Gromyko showed
magnificent flexibility of mind.
Under Stalin he handed it out hot and
heavy to the imperialistic, treacherous
West. But when Nikita Khrushchev
came along, Mr. Gromyko was able to
show the resilience that is the mark of a
fine mind anywhere, and in the Soviet
Union also a handy tod for survival.
Not a cavil about the West passed his
Ups. Indeed, once at a meeting with
Prime Minister Harold Macmillan of
Britain, Mr. Khrushchev waved at Mr.
Gromyko and said thatifhe told him to
sit on a block of ice; sit he would until
bell or whatever, froze over.
He remained wonderfully flexible un-
der succeeding Soviet rulers and for a
while seemed to be getting along just
fine with Mr. Gorbachev.
But then, one day, Mr. Gorbachev
threw his arms around Mr. Gromyko
'and whispered those words that, even in
anticipation, make tough executives of a
certain age whimper in misery: “Andrd,
I deed your job. We have to make room
foryounger men of talent."
the fact that the younger man of
Rosenthal
talent in question was none other than
Mr. Gorbachev perhaps was a balm to
Mr. Gromyko's spirit.
But when I read that my friend had
been removed from the Soviet presiden-
cy, I thought not of disputes but of the
fine times we bad had together, whether
be knew it or not. 1 recalled the day
when he walked out of the brand new
UN, the first of a series of walkouts that
made “pull a Grom” part of the slang of
the day, like “let’s roIL"
I was a very young reporter on The
Tunes’s city staff and, nobody else avail-
able, was assigned to stake out the Sovi-
et Consulate, where he bad holed up.
Suddenly Mr. Gromyko emeraed and
said be was going back to the UN.
All the reporters ran for phones, bat l
I hopped into a cab, pointed to the
Gromyko limoosine and, so help me,
said: “Follow that car."
Mr. Gromyko did not go back to the
UN but spun around town, my cab
keeping up. He just wanted fresh air. As
a reward for my initiative, ] was commit-
ted to the UN bureau of The Times,
there to remain for nine years.
I became Mr. Gromyko’s Boswell I
must say he never seemed to appreciate
it Never once did he say a kind word to
the young reporter. Is it possible be did
not even know 1 was there? Was he
bowing to scraebody da?
Still I cherish the thought that
perhaps I helped make him what he is
today, or at least was until a few
days ago. Mr. Gromyko was an appar-
atchik. When he was told to denounce,
he denounced. Told to make nice,
he did his best Instructed to help
cover up the true story of (he fate of
Raoul Wallenberg, he did.
He is not given to revealing his
thoughts. Once some important Ameri-
cans mvited torn to secret talks about the
possibility of improving Soviet-Ameri-
eao relations tn a Manhattan np»rtm«vt
He listened. What be thought of it
himself, knows God; certainly the others
in the room never did find out.
And the day he left the United States,
after having roent 10 years in Washing-
ton and New York, a rroorter asked him
whether he had enjoyed life in America.
“I worked here;’’ said Mr. Gromyko.
So I guess I never will find out
whether be ever gets nostalgic about
me, and the old days at the United
Nations, and all that
The New York Times.
Letters intended for ptAScadon
should be addressed "Letters to the
Editor” (Bid contain the writer's signa-
ture, name and full address. Let-
ters should be brief and are sub/ea to
editing, We cannot be responsible for
the return of unsolicited manuscripts.
Health , Shmealth: Let’s Just
Put a Warning Label on Life
Q o a
LETTERS TO THE EDITOR
Olympics in the Larger World: Not All Rivalry Is Healthy ^S f “ u ? e ,ead fj rs of Wesle!
Regarding ". . . and by the Way. Thanks
for the 8 Basketballs ” (Sports, Sept. 20)
and “ The New Olympians: Winning Is
Everybody’s Business” (Opinion Sept 20):
These two articles form an interesting
contrast. The first, oo the suipriseopeo-
rng- round victory of the Central African
Republic’s basketball team, reads al-
most like a fairy tale. A joyous player's
comment, “We cannot know anything
better than this," seems to me a perfect
expression of the Olympic spirit
The second article, in which Sanmri
Pisar uses the “vigorous international
rivalry" in the Olympic Games as a
metaphor for the healthy spirit of com-
petition in a “wide open” world econo-
my, exemplifies the dangerous king-of-
the-irill thtnlring that seems to dominate
discussion of world affairs in this Amer-
ican election year. Even as it emphasizes
the emergHice of a new set of players,
for economic survival” ignores tiu; fact
that a soQd majority of the world's peo-
ple are simply not m the race.
The Seoul Olympics are the first
Games I have viewed from outside the
United States. 1 was able to join my
neighbors in rooting for athletes who bad
precious tittle chance of winning. Grant-
ed, it was difficult to follow the Games
when there was no electricity, as was the
case the night 1 read the two articles, but
these. things — power shortages and los-
ing — arejust part oftifehere, as they are,
Tm sure, in the Central African Republic.
To my neighbors, and to the rest of
the Third World, terms like “struggle”
and “survival” mean something a bit
more immediate than they do to Mr.
Pisar. Michael Dukakis or George Bush.
Some 160 nations were able to rend
athletes to Seoul All were glad to take
part, but not all expected to win. In
economics as in sports, the tfaree-or four-
way battle for the gold is only part of the
story. The article about the basketball
team is a wonderful story of inclusion.
cooperation and participation; Mr. R-
sar’s piece, on the other hand, is a loo
familiar stray of threats and domination
—of winners and losers.
If we are truly interested in survival,
perhaps we need to include the peren-
nial losers in our plans for global pro-
gress. The Olympics, and the worid,
will be the better fra it.
JON MILLER.
Los Banos, Philippines.
A GlasnostTest in Poland
Regarding “ Once More, Poles Arise
in Protest" (Opinion, Aug. 27):
Thank you for the brave and sensible
comment by A. M. Rosenthal on the
recent unrest in Poland.
For more than two centuries Poles
have been threatened by their huge and
aggressive eastern neighbor. Since
Worid War n they have had to put up
with the Quisling-type government im-
posed on mem by the Soviets. Now, fra
the first time in modern history, political
fresh air seems to flow to Poland from
the easl obstructed only by General
Wojriech Jaruzdski and his cohorts.
The time has come to test Mikhail
Gorbachev’s intentions. A relatively
prosperous and politically stable Poland
is in the Soviets’ best interest If they, as
well as the leaders of Western nations,
exert just a gentle pressure oo General
Jaruzdski to allow for internationally
supervised, democratic elections in Po-
land. that unfortunate part of Europe
will be able to enter a new era, some-
thing its people justly deserve.
JANUS R. AVTVSON.
London.
Islam Is No Stranger There
Regarding “In Pakistan, Obstacles to
Democracy" (Opinion, Sept 2):
Narco dra Singh says that India wants
democracy in Pakistan because it
“would give greater voice to younger
Pakistanis, less obsessed with India rh^n
their elders.” He is sadly mistaken.
When the P akistani youth learn of the
systematic persecution of Moslems in
India they blame their riders for being
silent spectators to tins tragedy.
Moslems of the sobcandnent created
Pakistan so that they could pattern their
lives in accordance with the teachings of
Islam. The idea that the Islanrizatkffl
plan in Pakistan was aimrd at “altering
the disposition of a whole people” is a
figment of Mr. Singh’s ima gination
MUAZZAM ALL
London.
No Big Brother Needed
Although It must be hard for Ameri-
cans to think anybody could get along
without them, Jeane Kirkpatrick (“For
a Collective Approach to Security in the
Pacific,” Opinion. Sept 17) audit at
least have allowed for the possibility
of reasoning behind the stance of For-
eign Secretary Rani Mangl&pus in the
W ASHINGTON — On the second
floor of the Washington Post
building is the cafeteria, and next to it is
the Health Center. Almost every day.
taking instruction from my stomach. I
go down to the cafeteria and pass the
Health Center. Almost every day, the
Health Center makes me sick.
During the summer, for instance, the
Health Center covered a nearby wall
with a display warning of skin cancer.
MEANWHILE
From what I could tell more than two
minutes in the sun would result, without
a doubt, in skin cancer. There were. 1
think, pictures of people who, having
rushed outside to retrieve the cat. died
almost instantly from the sun's effects.
This sort of thing goes on year-round.
There is not a holiday you can name that
U.S.- Philippine military base talks.
It may be that the Philippines would
By Richard Cohen
m die second will not prompt a display from the
lington Post Health Center. Christmas is its favorite
id next to it is holiday. To the Health Center — indeed,
st every day. to health professionals everywhere —
Christmas is not a joyous holiday but a
debacle waiting to happen. Tis the sea-
son of overeating and overdrinking Tis
the season of great expectations and.
therefore, great depression. Tis the sea-
son of loneliness, anxiety, anomic, angst
and, fra good measure, skin cancer.
Next conies New Year’s Eve, which, to
the Health Center, is a plague in disguise.
Food and drink. More food and drink.
We overindulge. Our cholesterol levels
rise; blocking our hearts, which causes,
precisely two days later, skin cancer.
To me the Health Center has come to
Symbolize all thm is unhealthy about the
current health fad. Everything that was
once enjoyable rums out to be unheatih-
ful I speak, of course, of steak, which I
love. I speak of butter, which I also love.
1 speak of booze in moderation and,
from time to time, in immoderation,
which creates a temporary behavior
change without which fife would be one
vast treadmill from birth to grave.
But life has its risks and perils. We
derive greater benefit from having to something special from Christ-
work for its money rather than getting a 111115 “d New Year’s Eve because they
handout from the" bases; it mav be that ***» a ^ ler *th, spedaL We often expect
the FElipmos want to know they can look 100 rauch - Bul once m a while
after their own security without the need (Health Center, take note) Christmas is
for a Big Brother nearby indy wonderful and New Year’s is a
&J!eZ^#£S2£
Preston. Australia. ^ a bjt ^ cbol( ^o L '
1 know the Health Center means well.
Footnote of History? But its displays fill me with foreboding.
• I'harn in HA •Inlii.'iltr iVn lirvlH/t'air lk*ll
her nearby troty wonderful and New Year’s is a
Preston. Australia. ^ a bjt ^ cbol( ^o L '
I know the Health Center means well.
)f History? But its displays fill me with foreboding.
^ . There is no activity, no holiday, that
r „ ^3 m P vens sooner or later I do not come to see as a
mi trouble (Sept. 5): peril, a menace. As I pass the displays in
produced such political the weeks before Christmas, 1 come to
Lands Le Pen in Trouble " (Sept 5):
France has produced such political
figures as Philip Augustus, Henry IV,
Richelieu, Mazarin, Talleyrand and de
Gaulle. One can only hope that such a
buffoonish mountebank as Jean-Marie
Le Pen is a dttail historique.
MARTON RADKAl.
AmerUnd. West Germany.
A Question of Allegiances
Regarding “From Jem in America and
in Israel, a Split Bailor” \Sept. 27):
Wolf Bfa'tzer of the Jerusalem Post
could hardly be accused ol anti-Semi-
tism, but in his otherwise perceptive
opinion column, he says that American
Jews begin to think of pardy American
issues only after they feel sure that the
two presidential candidates are both
safely pro-Israel. Does he realize die
extent to which this remark, coming
from such a respected journalist as him-
self, is taken as confirming the worst
suspicions of cynics in both camps?
MILES COPELAND.
Oxford, England.
think there is no way I will survive the
holidays. I kept a wary eye on the Health
Center bulletin boards in the weeks pre-
ceding Flag Day. What would they come
up with? What about the dye used in
flags? Ob boy! Just touch a flag and
within a day or two you're a goner.
How did the human race gel by before
health centers? Here were all these people
eating meal drinking booze, celebrating
Christmas and New Year’s — and some-
how they survived. Golly, they must have
been a depressed lot! Their fives were a
roller coaster of soaring expectations
(“Pray, canst thou be my valentine, Pris-
riHa?") and crashing disappointments
t“Thou pleaseih me not, \files”).
But it was life. It was life in all its
uncertainty and unpredictability — a
tough life fra most people, a struggle
broken only by an occasional holiday. It
was, in faa, holidays that helped pull
them through. Now life is easier, but the
holidays, like cigarette packs, bear warn-
ing labels. Columbus Day is coming up.
Take heed. It nearly killed Columbus.
Washington Post Writers Group.
GENERAL NEWS
In Cape Town, a Rare Apartheid Debate
By Christopher S. Wren The government presented its
Ne»’ York Times Sc™* amendments as a bold new step in a
CAPE TOWN — To a hushed {»X)cess of gradual change. Its iiber-
andience, the Reverend Allan Hen- al critics contend that the amend-
- drickse described in detail how his mems wffl usher in even greater
- father’s “beautiful home" had been croelties, while conservative kgjsr
- knocked down, brick by brick, latore see the door being left sgar to
latore see the door being left sgar to
mg white seats, and it excluded of the mixed-race National Demo- I
South Africa’s black majority alto- cratic Party told Parhamem. “You
'./t V’ >*- V! '
m , ;■ >V. .
■ =•* ■ * ■ r?S v •*
when their old neighborhood in Ui- Communist anarchy.
tenhage was declared legal for
whites rally.
The amendments legalize some
“free settlement areas" open to all
gether. can make a
Anti-apartheid political groups all the jaflr
attacked the expanded Parliament never take
as a fraud, and mixed-race and In- individual’
dian leaden who consented to run Charlie
for Parliament, including Mr. Hen- Party legis
drickse, were labded collaborators, uonal Part-
can make all the laws, you can erect
all the jails you want, but you can
never take lie freedom out of the
Charlie Green, another Labor
Party legislator, reacted to a Na-
tional Party heckler by xemonstrat-
Mr. Heodrickse. the leader of the races, generally in neighborhoods
mixed-race Labor Paly, was not haw already mcfficiaBy mte-.
preaching to the converted at a £
church or anti-apartheid rally. He K
was addressing the Parlia men t of a
South Africa, whose wood-paneled ®
chambers have seated the staunch “
defenders of white supremacy. “
“You can shake your head, but °
you stole my ground,” Mr. Hen- «
drickse said, looking directly at the a
disapproving members of the rul-
grated. But they tighten up existing
segregation provisions, dmrinatmg
a prohibition on evicting anyone
until alternate accommodations
have been found and imposing
harsher penalties fra violations, in-
chiding the forced sale of a house
that a landlord of one race rents to
a tenant of another race.
, r ...
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jproving members of the rul- , ^ carton, suffusing the de-
National Party, before the bate seemed mwitaWe. But it was
ker, Louis Le Grange, ruled not quite what Pnadent Keter 1 W.
oot of order fra characterizing Botha had m mind m I9M when
:t of Parliament as theft his government tned to appease
Urn rnhbfiri of onr birth- entics of South Africa s whiles-
tiun ont of order fra characterizing
an act of Parliament as theft.
“We were robbed of our birth-
right,'* the unrepentant Mr. Hea-
dnekse persisted
The drama was played out ax a
repentant Mr. Hen- oofr legislature, the House of As-
sembly, by creating a muted-race
was played out at a chamber, the House of Representa-
- Tr n hwc am I another smaller fWnim
The elections were widely boy- ing that “h e must go and examine
cotted, with fewer than 10 percent his roots,” a reminder that more
of eligible voters turning out in than a few white South Africans
some constituencies. Mr. Hen- have a black forebear rucked
drickse’s own church and family among their ancestors,
split over the isroe, said Iris son was probably the first time
Peter, who also sts in the mixed- that many of the white legislators
rarc chamber of PariiamenL had been made to sit as a captive
But AUw Hcmdndtse, who led audience and listen to “people of
the Labor party mtoKarnament for color,” as Peter Hendrixise called
what he said was a five-year trial fhwT1 bare their inner feelings,
penod, said he thought that parua- Some of the whites took the candor
£S 0£f ‘ for ingratitude.
^Vhite apartheid is looked upon . . .
as a granite wafi," Mr. Heodrickse Ttomas “
said m an interview. “We said, in- ^^^“tfrom the rightist Xon-
stcad of just bumping agains t the s^va^c Part y, compl ained of
granite waB, lS^rtSping u Unworthy paiha-
" — * * monfunf 1 u ntifi uon imnmrt nu n*tr_
What Hike about golf is the mom up.’
dumber, the House of Representa-
tives, and another smaller forum
away.
Although some constituents still
see their participation as a sellout.
rare joint session of Parliament, Bves, aw anqmer smauer lorum
whose three separate dumbos had fra ethmc Asians, the House of
convened to debate new govern- Daegates.
most of the Indian and mixed-race seemed moved.
mentary langnage, unworthy par-
liamentary behavior."
Yet some other white legislators
convened to debate new govern-
ment legislation amending the
The formula ensured a continu-
legislators who rose to address the
joint session did not sound canal-
iatory.
Group Areas Act whidi is the legal ing white m^onty by apportioning
baas for the world’s most expbrit two mixed-race seats and one «h-
residential segregation. me Indian seat fra every four exist-
Albert E. Nothnagd, a maverick
in the National Party, rose in the
House of Assembly to say in Afri-
“Whether you Hke it ra not, we kaans, “If I was a brown man, I
are going to have black majority would reject the Group Areas Act
conn try,” Peter
majority
a Mopp
with my heart and
Alec Issigonis, Designer of Mini Car, Dies at 81
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The Associated Press
LONDON — Sir Alec Issigonis,
81, designer of the boat-like Mhn
car that brought economical mo-
toring to millions rf Britons, died
/ , Sunday al his home in Edgbastoo.
< ibe London Times reported Tties-
1 day. No cause of death was an-
nounced. He had been suffering
from Parkinson’s disease.
Sir Alec also designed the Morris
, Minor, which wi^praJocedfram
H948 to 1971 . He reared m 197 1 but
worked as a consultant to the
Rover Group until a year ago.
Since they were introduced m
1959 more tnan five million Minis
have been produced. The fust Mini
, was 10 feet <3 meters) lon&
weighed about
kilograms} and add for £496, less
lhan $ 1^00 at *e time.
With a transverse engine power-
ins the front wheels, the Mini was a
-radical shift in design. Its appear-
ance has never greatly changed,
Ramon Dorono, 82, ^
1 Ex-Ptrifippin* Politician
: CEBU CITY. Philippines (AP)
_ Ramon Durano, 82. a former
congressman and bu»n^ !?“?•
died of cancer Monday, his family
announced.
Danao, a city of 60, 0(X) people
north of Cebu. Many Danao resi-
dents were bom in Mr. Durano’s
hospital worked in his factories,
retired to his borne fra the elderiy
and were buried in his cemetery.
Bom to a prosperous Cebu fam-
ily, he was elected as a representa-
tives fawn Ceibu in 1949 and served
until the legislature was abolished
in 1972. fit January, Mr. Durano
was elected mayor of Danao, de-
feating his son Tbaddaeus.
Sergei A. Losev, 61
General Director of Tass
MOSCOW (AF)— Sergej Losev,
61, general director of the official
Soviet press agency Tass, died
Monday, the agency announced
Tuesday. U did not give a cause of
death.
Mr. Losev had been in charge of
the agency since 1979. He joined
Tass is 1950 and worked as a corre-
spondent and bureau chief in the
United Slates and Israel.
Mr. Losev was a membra of the
Central Auditing Commissiou and
lire Supreme Soviet, and a ddegale
to the last two Ownmumsi Party
congresses and the party confer-
ence in June.
3140F1
... SI
Sir Alec Issigonis, in 1969, with a Mini of Ins design.
REMY MARTIN XO
Exclusively Fine Champagne Cognac
Only cognac made from grapes grown in Cognac's two best regions is entitled
to be called Fine Champagne Cognac
Page 6
INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 19B8
Ex-Hostage in Lebanon
Flies to West Germany;
He Is Silent on Others
4 'U
*
By Nora Boustany
Washington Poll Semce
DAMASCUS — Mhhileshwar
Sin gh, released by his captors after
20 months in confinement with
three American hostages, was
flown aboard a U.S. military air-
craft to West Germany Tuesday on
his way to the United States. Da-
mascus airport officials said.
The Inman-born U.S. resident
left the Syrian capital alone in late
ev ening , leaving behind his wife,
i nig Mani, who had driven from
Beirut for a reunion after their long
separation an Indian diplomat
said.
He is expected to undergo a med-
ical checkup at a U.S. military hos-
pital in Wiesbaden before traveling
to the United Stales.
Mr. Singh, a university professor
who holds resident alien status in
the United Slates, was freed in Bei-
rut late Monday and escorted by
Syrian intelligence officials across
the Bekaa valley and into Syria. He
was handed over to U.S. and Indi-
an diplomats by Syrian officials.
Three American educators kid-
napped with Mr. Singh on January
24. 1987, and with whom he stayed
throughout his ordeal, are still de-
tained
Mr. Singh, looking drawn and
und erwrigb t, d eclined to comment
on the conditions or whereabouts
of his three colleagues but said that
while a hostage his "treatment was
better" than he had expected.
“But there is no substitute for
freedom in the world,” be said.
Mr. Sin gh struggled to maintain
an air of dignitybut his voice be-
trayed his hardships in confine-
ment. He is a diabetic and has to be
treated for high blood pressure.
released. Mr. Singh said he was
unaware of any American hostages
other than the three Beirut Univer-
sity educators he had stayed with.
He explained: “I have been liv-
ing with three friends of mine, three
colleagues of mine, that's all. I
haven’t seen anybody else. Mr.
Robert Polhffl, Dr. Jesse Turner
and Alann Steen. So we four were
put together and we lived together
all these 20 months."
“It is better for me not to make
any statement on that at all, be-
cause we don’t know what might
hurt them,” he added, hinting that
the other three were not out of
The U.S. ambassador in Damas-
cus, Edward P. Djerejian, who of-
fered his credentials to President
Hafez Assad of Syria over the
weekend, thanked the government
of Syria “for its important role in
the release of Mr. Singh."
Mr. Djerejian pledged that ef-
forts would continue for the release
of re maining hostages. There are
nin e Americans still missing in
Lebanon. At least six of them are
believed held by pro-Iranian fun-
damentalist groups operating in
Beirut and central Lebanon.
“For too long, the hostages,
those innocent persons, have been
pawns in an inhuman and cruel
political game of terrorism,” the
ambassador said, while standing an
the steps of the Syrian Foreign
Ministry, in his first major public
statement since he assumed his
post.
At the ceremony, the Syrian state
minis ter for foreign affairs, Nasser
Qaddoor, said Syria would pursue
its efforts to assist in the liberation
of all kidnap victims and “rejoice
Japanese Questioning
Whether Concern Over
Himhito Is Extravagant
To
4 - 1 ,isa
Htft rr^j •
r
By Susan Chira
Stw York 71«« Service
Ul such symbols haw become ev^
“flStbSuSe ^ this the first tithe
peror the Japanese arc beginning Copied democracy aner iismxai
Efasfc themseWes just how much b tojrW War IX. no Mcfa^feae
to ask memsaves cn m worm **■ — . — ...tt;
bis illness should influence toea ^ how far to go in ob«iym|
lives. - ^^^fercnce to Hirofaha’s gosmS-
eians. smgera
to avoid offending ctw^watistod
fans have canceled fund-raism*
In the two weeks since Emperor j n deference to Hirahflo S con*-
HJrehSo became gravely ill gov- lion, public figure^
eminent officials have canceled singers and acwrswroWant
trhBabroad, and schools haw put to avoid offcndmgcon^^i^
oHannual autumn festivals. fans have canceled ™™n*
Japan’s press has written of littte parties* weddmgsw other cebfe*
-lea frffeme daily chans or the uons. .
^-roivJiBl^LS and giving ac- Some Compaq bwomkmi
Torrent in Southern France Kills at Least 10 in Nunes
Cars swept by floodwaters after a freak ramstOTn blocked a
street Tuesday in Nunes, a southern French city of 130,000
people noted for its Roman amphitheater. At least 10
persons were killed, and rescue workers said that they
expected to find more bodies. French radio said five
persons drowned in mud after 20 centimeters of ram fell m
three hours on Monday. Another person was killed m a gas
explosion. No details were available on the other victims.
Reason Cautious on Hostages ^
O I Wai* rPJIPP
_ . IV dal that rocked the Reagan VTUi M.
wheneversBch efforts are crowned
doinnoWf 1 9®* Five color ohotos released with
silent," Mr. Singh pleaded.
“1 cannot say anything that
might go against one of the people
who are still under detention."
The academic said he did not
know where he had been held or
why he was the first one to be
Talks Sought on East Timor
UNITED NATIONS, New
York — Portugal's foreign minis-
ter, JoAo de Dens Pinheiro, said
Tuesday that his country was pre-
paring to send a d e l ega tion to East
Timor to discuss the fate of its
former colony. Indonesia has said
that in absorbing the territory it
Five color photos released with
communiques issued by the Islamic
Jihad in recent weeks showed the
four captives in dark blue sweaters
and jeans, drinking tea and
wrapped in blankets, suggesting
they were in a cool place far from
the sweltering heat of Beirut
Shiite sources in Beirut said re-
cently that the group holding the
four professors was acting indepen-
dently from Iran and had sought to
deal directly with the United States
or through Syrian intermediaries.
The string of camnmnigu6s by
the underground organization had
prodded the United States for posi-
tive action regarding the rights of
Palestinian people. It is not clear
whether the group is specifically
The Associated Prea
WASHINGTON — President
Ronald Reagan ruled out again on
Tuesday any negotiations with the
captors of nin e American hostages
and said liberating; them remains a
“great problem" ckspitc the release
of an Indian captive.
The White House tempered ex-
pressions of pleasure at ice release
of the Indian in Beirut with “the
knowledge that nine innocent
Americans are among those still
held hostage in Lebanon."
lem for os and it’s very much on our
minds.”
Mr. Reagan declined to specu-
late on what move the United
States might make to win the re-
lease of me nine American hos-
tages.
“We’ve done no negotia t i n g on
dal that rocked the Reagan
presidency two years ago.
The presidential spokesman.
Marlin Firewater, insisted repeat-
edly at his daflv briefing on Mon-
day that “no deals" had been made
to obtain the release of any bos-
Said to Gain
By Paul Lewis
,Vrw York Tima Sendee
UNITED NATIONS, New
ta 8 cs - . . tage. When reporters reminded him UNITED NATIONS, New
“We’ve done no negotia tin g on t j ial other officials bad made simi- y . foreign minis ters of
that at aE,” he said, “and Fm not ^ slaiemen u before disclosure of , __ j raq ^ making slow pro-
going to hazard a guess as to why ^ secret U.S. arras sale to Iran. Here on a permanent
they turned him loose — not as Mr _ Fitzwater shot bade: settlement, according to dip-
IVUaK pop*- _ .
.Scenting views from people no
may not approve of the nation even
having an emperor.
While many Japanese are clearly
transfixed by *e Alness, others are
que stio nin g whether the nati on is
acting out of spontaneous concern
or simply conforming to what peo-
ple see as proper behavior.
Over the last few days, citizens*
groups, unions, newspaper colum-
nists, intellectuals and even govern-
ment officials have begun to ex-
press concern that the nation is
reacting too strongly.
Some are wondering out loud
whether such a reverent response is
entirely appropriate for a nation
that considers itself a democracy.
“It can be said that the country
has rather overreacted to the em-
peror’s illness,” wrote Raisuke
Honda, Yomiuri Shim bun s politi-
cal editor, in a column that ap-
peared Monday. “The present ex-
cessive mood of self-restraint stems
from the Yellow your neighbor
psychology. Now, each of^us must
follow his own judgment”
Even in normal times, Japan is a
place where adherence to outward
formalities betokens inner sincer-
they turned him loose — not as
long as we've still got hostages
there.”
Iran and Iraq are making slow pro- lty. , . . .
gress in talks here on a permanent With the emperor lymg seriously
Schools across the country have
either canceled schedu led fafo nfe
and sporting events or banned dec-
orations and fireworks it the festi-
vals.
Over the last few dayvtcttriarf
group held a small protest in a
cancellations; teachers’ unions
called on their boards ofedncatkai
not to caned school athletic meets;
and a union of nussmo&wodEBB
accused the press of having glori-
fied the emperor rad Isin* failed
to report any but respljpsESl reac-
tions to his illness. .
Several iotdlccm»j^» pA
lished articles dccry^«puiiW
lations as another o&pjp&of an
unthinking conformity, nring the
Japanese expression that roughly
translates as “doing « the pecan
on your right does.
They point out that Japan’s con-
stitution defines the emperor as
“the symbol of the state,” ux*
god.
The newspaper Asabi Shrink-
called the cancellations inappropri-
ate.
“The emperor, who has 80 politi-
cal functions under the constitu-
tion, should not be mixed ap in
political matters or dcXbtafoasf
it said in a recent cditoriiL / -
. Fitzwater shot bade: peace settlement, according to dip-
‘Since that episode, we learned a gJJs and UN officials.
i ■ hi m mu UUV w* i ■ —
very valuable lesson there, ana we Nevertheless, Foreign Minister
had the support of the East Timor guerrilla faction or whether it was
people and no further act of self- using the Palestinian cause and up-
determination was necessary. rising as a cover for its real identity.
W11CUKI LUb klVUVJ U9 juvii miM ij ■
linked to the PLO or any other apro-Iranian group.
guerrilla faction or whether it was He said tiying to secure the re-
using the Palestinian cause and up- lease of the nine Americans held m
rising as a cover for its real identity. Lebanon “has been a peat prob-
Mithilesbwar Singh, a Beimt attempting to manipulate the out-
University professor who is a legal come of the U.S. presidential dec-
resident of the United States, was non, Mr. Reagan smiled and said,
turned over to the U.S. ambassador “Well, if they arc, I hope they’re on
to Syria in Damascus on Tuesday, the right side."
Mr. Reagan, in an exchange with , , - 17 e
reporters, did not explain how Mr. ■ Mixed Impact for U.S.
Singh’s freedom was obtained. But Earlier, Lou Cannon and David
he again ruled out any U.S. deals B. Otiaway of The Washington Post
with the captors, believed to be reported from Washington:
apro-Iranian group. For the R e a gan ad m i n istration.
He said trying to secure the re- the release of Mr. Singh was a i xd-
lease of the mne Americans held in come development and a disturb-
1 earned “to stay firm and steadiest
and not to negotiate.”
White House and State Depart-
ment officials have zone out of
Assembly on Monday to a scathing
attack cm Iraq, accusing it of start-
ing the Gulf War in 1980. using
ment officials have gone out ot j n violation of interna
e tiieir way in recent days to deter £ onal ^ dragging its feel in
Mixed Impact for u.3. speculation that the United States negotiations.
Earlier, Lou Cannon and David is talking with Iran about release of f^gn minister reaffirmed
Oitaway of The Washington Post hostages in return for an inr.proi e- MmmilmeQt l0 a 1975 treaty
ported from Washington: mem in diplomatic reunions. mandating joint sovereignty over
For the Reagan administration, “There haye been no erect con- ^ ponjon 0 f the Shalt-al-Arab
e release of Mr. Singh was a wel- tacts." Phyllis OaLey. a state ue- , wteTwav that forms the border be-
nne devdopment and a disturb- partmmt spokesman, saic. reio- ween Iraq.
Swede Vows to Cut Tax
And Activate Economy
UUIMl u»>- O P.n.f-n
peace negotiauons. ... .
The foreign minister reaffirmed STOCKHOLM — Pnme Mmis-
l ran's commitment to a 1975 treaty ter Ingvar Carlsson pledged sweep-
mandating joint sovereignty over ing changes for Sweden’s heavily
that portion or the Shalt-al-Arab taxed citizens cm Tuesday as a key
‘ . # -* 1 J — x.— aTKiv amv mmoritv vY*ifil
nun poruon ui utt t: : — - . —
waterway that forms the border be- ol^ecuve of his new tmnonty Social
tunic UCVUUVUttiUi hsiu * * i — ; 'r .
ing reminder of the Iran arms scan- ring specifically to the hosm. On
Friday, sne aetued any mairect
contacts.
“If there is a third panv in
tween Iran and Iraq.
He also told the General Assem-
bly that Iran “will never permit the
Iraqi government to achieve its ag-
of the United States government at JE. tSTift
alL” a State Department official
said.
i?/ mu/i de Cartier
Diplomats said Iran's return to
the verbal offensive might be de-
signed to please domestic opinion
Democratic government
At the opening of the Riksdag, or
parliament, Mr. Carlsson also
warned that Sweden, a neutral
country, would not tolerate viola-
tions of its territory. Sweden mmn-
tains that foreign submarines fre-
quently breach us waters.
and introduce measures mtendc^
to stinwlate work and saving [ jP
The prime minister ina am q w '
minor changes in his cabinet, in-
cluding the appomunentrf a con-
sumer advocate. La3a Frdvakh,to
the politically sensitive post of jus-
tice minister. i
Two justice miarstenCvere
Social Democratic adnafflautm
in separate political afljlBl-Sfcn
Widcbom was forced out aft® Swe-
den's most notorious spy escaped
Since md-SepiOTPer, me group m Irajl Bm ibey said ii may also be
holding Mr. Singh ana three outer frygM w keep up international
lenuy oreacn ^ while on an unsupervised o
Mr. Carlsson said his proposed visit from jail Anna-Grcta
1 — r ih, ... ■ .L. ,
holding Mr. Singh and intended to keep up international SES-pSKESE
educators has issued mjmerous prcssure on Iraq to compromse SSed a 3 -pSSnUge point re-
siatemems saying it is ready to re- ^ accept the Secunty Council s Auction next ywki lie marginal
solve the hostage issue. • peace plan for the region. Ia3 , ^ additional levy on high sala-
At the White Hou^. officials Diplomats and United Nations Under ^ p £o. Swedes who
officials report that ihe Iraqi for- ^ paid 150,000 kronor (S23^ 18)
«gn minister. Tanq Aaz, appears wiUte taxed at 47 percent instead
wa* absorbed in the hostages fate w accqjt a proposal by Sec- ^ 50 per^nL
and on the other that the admuus- reu i^eral Javier Pirez de _ P ™ . . . . .
-* ««.Hf ftMANifiilfl to ilh. _ mm ■ « . • fl_ TUw tc infMnKI In n*-
KM. V«ua«fVU r m «rau IIVIM JIMK IkMHO
tax changes for Swedes, among the resigned over the unsolved
highest-taxed people in the world, in l986of Mr. Carisson’s p
included a 3-percentage point re- sor, Olof Pahne. T
diiction next year in the marginal jvir. Carlsson also aonoobced i
tax, an additional levy on high sala- to ban cWorofluorocaibcitt,
rics. Under that plan. Swedes who ,h a r ham, the Earth's
e paid 150,000 kronor ($23,518) protective ozone layer. The «-
U be taxed at 47 percent instead nouncemem coincided with ihe
50 percent. Greens party entering the Riksdag
The reduction is intended to re- for die first time. It won 20 seat^
are paid 150,000 kronor ($23,518)
will be taxed at 47 percent instead
year. Other proposed changes
Mr. Carisson’s party took 156 d
the 349 seats in the Riksdag and
jruu. vuim —— - * - — — — — — ■ . _l
eventually would reduce income governs with the tacit support ®
tn \re, increase capital gains taxes the 21-seat Co mm u n ist Party.
tration was not negotiating to ob- 0 ,^ ^ u intended to break The reduction is intended to re- far tne first time. It won
tain their release. ^ Uiat developed be- duce infintion, now at 6 percent a Mr. Carlsson s party togl56cf
Several recent books have tween the two sides during their year. Other proposed changes the 349 seats inihe R ncaag
quoted former Reagan adminisira- first round of peace pi Iks ioGeneva eventually would reduce income governs with the tacit aipp ort
tion officials as saying Mr. Reagan last month. taxes, increase capital gams taxes ihe 21-seat Communist rarty.
was so concerned with the hos- -
tages’ plight at the time he ap-
Siored his policy of not negouat- SOVIETS S Politburo Orders Overhaul of AgricultUTS
mg with terrorists. J G
Mr. Fitzwater declined to com- h.M.n orove d bv the Politburo would be formation about party and govt®
i»li- f-iLtwaua UH.U 11 M iw wvur (Gi tinued from page 1) proved by the Politburo would be
ment on the possible impact of a ' . _ , supplements of a sort to the main
hostage release on ihe presidential uated on Tuesday is noL the first ^ gpyenunent newspapers,
candidacy of Vice President since he became party leader. fravda and! Izvestia.
George Bush, but While House of- (w u, Gorbachev’s first ex- ^
firials privately a^nowledged that periments in government reorgani- T ^jSS!££SS?FSSi
the iSKie politically scns.uve. creation ml 985 of a Jada K^O"T«matiOti fram
1 Izvestia.
formation about party and govern-
ment organizations and derisions
should be made public.
When the new publications will
make their debut, and how fre-
quently they will appear, was.)
specified in the Tass account. ■■
UIUUUU »_v aiiw *i — O w
paign date from early this summer eminent ministries were elimmai-
when Robert B. Oakley, a former ^ and others consolidated, when
National Security Council expert ihe committee was formed,
on the Middle East who is now _ ^ gmwrnprit
ambassador to Pakistan, wrote a There g .
H^SffSnTSd^e^Ihe ^ |?SSSS5BS?
1SSS. -
ihe committee was formed.
wary because or Mr. Reagan's well-
known tendency toward optimism.
because of bureaucratic inertia.
The two new publications ap-
CHILE;
A Warning
BAKER: Discipline Is Paramount
(Coatinned from page 1) 2^,5^ 1™““ J 1 * candidat<;
&wtu io r ui wfiinviww .
Gromyko, retired, and four new
si on and protect the candidate members were named.
(Continued from page 1) devoid of issi
ly and peaceful transition to de- duce a mamA
mocracy," be said. said. “The si
■ US. Welcomes Assurance
The U.S. State Department said ^ abcuL F
Tuesday it had received and wel- security and
comed assurances from Chile that ^ tradition
the outcome of a plebiscite on Gen-
eral Pinochet nail be “respected." Mr. Baker
we’re running a tactical campaign,
devoid of issues, that will not pro-
3 w fsttalKl ftilpp ” flH
duce a mandate is totalN false,* 1 he,
said. “The strategy is focused on
the major issues that presidential
elections are usually, and should
be, about. For instance, national
security and peace, the economy
and traditional values."
New York Tunes Service
re-election
Mr. Bus
Mr. Baker sud Mr. Bush’s “spe-
ntu riwA-uM wrn t-v — ~ — , - * -
The Associated Press reported cific proposals on ddense, envi-
. WWW • - ... Mfitnartt rtnifK FflPTflV
two decades of Republkan efforts Manhattan gaflery that sold mac
to define the electorate and plot than 1,000 fake Salvador DaSi
from Washington.
- The United States disclosed on
1 flC UUIIGU JUira uiMVawi uni — - — —
Monday that it had summoned the phasis on improving on the Reagan
Chilean ambassador to the State record “will also serve as the baas
Dqjartnwat to complain about re- for a mandate To bwstajiis ar-
LWUUUCUl W Wiupriuu ^ - . , , .
ports the government might cancel gument, Mr. Baker had the cam-
{ul noli paign assemble a 12-page docu-
PEARL TIPPED L
vl CIGARETTES.
■ Nobel Laureate Banned “[• ^ ,
Chile's military government has policy Pro
baited Adolfo Perez Esquivel of itenis Mj.
Argentina, a human rights activist supported,
and a 1980 Nobel Peace Prize win- '7,.
ner, from entering the country to Accoran
obsem the presidmcial plebiscite,
SS ceancsS
£k£S 2 S=
for a speech 00 universal ^
*“* “i^y. S* 1 * ^ **8“ clay Gafloy, employed sales
S ^anol^T^vS ^ knowmg“what ttehcaith sons who ^ed^^ssure tde-
ment, Lhronoiogicai uevemp- msuraneg ISSUC do — what vot- ofaone tahniou«toMl the bogus
^l wtae '" 5aii,atop artin much t£ same wayt^t^
^ ^ prop0Md ^ Mr- a ^ c ? iend of ^ Wording to federal
supported. nominee, has brought one new prosecutors.
According to Republicans inside twist to the 1988 effort. In the past. In a SftJxwmt federal mriictmcnU
and outride the Bush operation, the ca nd ida te' s traveling operation jfce defendants were diaigcd ««
Mr RiVpt ic malrino iicp rtf ih» was tlh#» tnl« nMW iwnier the. r. i._i . 1 . n? u^^Midvr
lowed to board a Chilean Airlines
plane for Santiago on Monday at
Buenos Aires, the Peace and Justice
Service of Latin America said
Bush has adopted the aggressive were made on the spot This year,
packaging techniques used by because erf advances in technology,
Richard Nixon, Gerald R. Ford Mr. Baker has turned the head-
rad Mr. Reagan to exploit televi- quarters into the nerve center.
One of Mr. Oorbacnev's nrst ex- ^ new journal Izvestia make their debut, and now
the isroe politically sensitive. g^ttSSSlSSRK
Reagan adnmnstration fears tiat new the transcripts of party meetings, ^ development related
Iran might seek to exploit the hos- orgamzafion, the Stme A^In- fA)aat party lea ders toSei^SSSStast week,
tay issue <hmng the election cam- dustnal Cpmnnuee. Sevonl gov- ^ ^ ^ archive JassrSSTuSd^ that Boos
Lrad^^mMnsolidated, when The new government newspaper,
le committee was formed. SSfillS
Tljere is ^ geno^affKmrat rfJwilSfSSwtea. el republic since 1985. .
nong Soviet economists and om- “» w ^ Kw
als that the new super agency not ju Politburo said the publica-
ily has failed to revitalize agricul- rifr^ wSe bSiit fonned in re- ^ Latvian ^ty*s^ Central Oun-
ire but ^so has impeded K spouse » a iStion on openness ynonS
scause of bureaucratic mertia. adoptedby rthe m
The two new publications ap- June. The resolution said more m Mr Pum was named in (he no* at
from his own mistakes. . .
He is also using the “Silent Ma-
jority” themes of fear and resent- , . V v m , j
ment launched by Mr. Nixon in 4? Ill IN. X , UttirgM
1968. the supply-ride economic V L.i J
thMries off ererf by Mr. Reagan in In Fflkft liflll SflieS 1
1980 and the Morning m Ameri-
ca” fed-good aura <rf Mr. Reagan's Nw York Tunes Service
VMI HH
topm
IN
NEW YORK — Four people
iting from have been charged with operating a
tarritu '
The change, made Tuesday by
the Latvian party’s Central Com-
mittee, frees Mr. Pugo to take up
work as bead of a newly reconsti-
tuted party control commission.
Mr. Pugo was named to the post at
the Central Committee meeting
last Friday in which three veteran
members of the Politburo were dis-
missed and a fourth, Andrei A.
n
fJfSi in
<?a>
pvuiUd Ul glVMIJ UUIIIWU tr
misrepresenting such posters a? Jf
ing original, limited-edition bmt
graphs and etchings a
Spanish artist named Salvador
DaH.”
. TOfi.
-332 1
Concern o^ t P° st "Discoveiy: U.S. Future in Space in Hands ol Politicians
& «t *«
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t &R4
r " J itt. mrfi . .
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cwpcno > ,v-
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cwinv muj,-
fair .
pBrtir*. vr.' \
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drJlli>;-.s . ...’■
Vii'
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By Kathy Sawyer
RfeUgm Pag, Sorter
taS^FE"? FORGE base, CaH-
Officials am pa&
SKShS 0 ? ^ P«»re therisinB Sut
1‘iLSS^ 11131 Dl5Covcr Y has returned
™»»ns tospro, titefuture of the space
P”^an iis more m the hands of politicians
the non president — than
NASA and its engineers.
Ghallen^r explosion, the
has been clear ~io
get the shuttle flying again. But the 32-
montfa haws h^ postponed dedaons on
tM more fundamental questions about the
■tart of space program the nation wants
and can afford.
‘Pahaps the most fundamental question
for the presidential nominees. Vice Presi-
e icr 4 ??* B P sb Governor Mkhad
S-^jDukakis, is whether an aggressive
m —as opposed to a
. U. , . , — ; — - “ about the current
«““get leva — is a luxury the nation can
tm longer afford.
For more than a decade, advocates of the
spBcenrogram have accused budget-mind-
ed officials in Congress and the executive
branch, as weD as in the National Aeronau-
tics and Space Administration, of trying to
buy a first-class space program al bargain
rales. Now, they say, some hard choices are
going to be unavoidable.
A scries of studies have concluded that if
the space program is to grow in any direc-
tion, drastic budget increases win be re-
quired. If it is to pursue only those projects
NEWS ANALYSIS
already on the books. NASA’s annual bud-
— 510.6 bfllian — win have to double
the year 2000.
o ther magnificent adventure in the tradi-
tion of the Apollo moon program — a
man ned mission to Mars is the most popo-
largoal — which they say would galvanize
the people of the globe and energize a
generation of scientists and engineers.
Many favor cooperating with the Soviets
ca such a project
But another strategy is gathering
' within the space co m muni ty. '
a farmer astronaut, and others argue
that the nation must learn to walk in space
before it tries to gaBop,
Hus emerging school favors a methodi-
cal buildup of a space “infrastructure” —
Mr. Bush has supported the proposed development of new technology, research
j»ce station and the manned space pro- in space biology and a mixed rocket fleet,
gram in general. Mr. Dukakis has focused aimed at the establishment of a lunar base
*tan one
on the issue only recently, after Democrats
in Congress pointed out the value of space
station jobs m the key electoral states of
California, Texas and Ohio. Since then, he
has made several statements of support for
(he project.
But both candidates have nutin^/^f tha t
budget constraints could prevent the coun-
try from moving ahead with new undertake
Some space experts say they favor an-
as a stepping stone to an eventual Mars
voyage.
Both scenarios would require a manned
space station, but not the same kind.
The United States * od its international
partners — European countries. Japan and
Canada — signed an agreement last week
to build a space station, based on a com-
promise that could be modified in (he fu-
ture to accommodate whatever major goal
is chosen. Meanwhile, it will be used for
scientific experiments. But critics say it
embodies many of the same mistakes that
shaped the shuttle.
The shuttle’s primary employment for
the mid-1990s is to build the space station.
If the station is tilled or drastically de-
layed, the shuttle may be idled. On the
other hand, if the station is built, it could
be disastrous to continue to rdy primarily
on the shuttle for that purpose, given its
risks and costs.
A growing number of space advocates
recommend flying the shuttles only on mis-
sions that require hnmanq in order to de-
crease the odds of another fatal accident.
NASA officials have staled their support
for a balanced fleet, less dependent on the
sbuttie, but so far have ordered few un-
manned vebktes. The shuttle and the space
station are exposed to use up most of their
budget, unless h is increased.
The shuttle, the only vehicle the United
Stales has that can take people into space,
has a wefl-defined job for the next four or
five years: playing catch-up. The flight of
Discovery has proved that NASA’s new
management, new lines of communicar
tions, safety precautions and hardware de-
signs, put m place since Challenger, can
work.
NASA must stiD demonstrate that the
new system can continue to cape better
than the old one did with the enormous
pressures inherent in the enterprise, which
are already crow din g in again.
Ground teams at theKonedy Space
Center in Florida are completing process-
ing of the orbiter Atlantis for lift-off with a
military satellite on Nov. 17. The 27th
shuttle flight has the tightest schedule on
the manifest any tune soon, according to
NASA’s chief of space flight. Rear Admi-
ral Richard H. Truly.
“So you’re going to see on one hand the
iron-dad insistence that we're going to do
it with the same rules we used on Discov-
ery,” Mr. Truly, a former astronaut, said in
an interview. “But internally, you're going
to see a lot Of pressure to get it launched?
Waiting in line for an April or May
launching is Magellan, a robot mistion to
Venus. If it misses its 20-day window, it
wifl have to wait 18 months on top of the
years of delay it has already endum.
After that cranes a string of other scien-
tific missions, including the giant observa-
tory known as the Bubble Space Tele-
scope, and several high-priority secret
Defense Department payloads, each with
its owu pressures.
AMERICAN
ms to ( til T®
■ate Kt’onwni
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TOPICS
How New Mothers
Can Help Each Other
“The much-vaunted tonrii-
,/*ness of the long-distance runner
lr is nothing compared to that of
the new mother,” Sandy
Rovner writes in The Washing-
ton Post’s weekly Health maga-
zine. “The world has come
down to her baby and a land of
ongoing, unreasoning terror in
her heart that something isn’t
right and it’s her fault”
But when there is no extend-
ed family — grandparents,
aunts, in-laws — to torn to. Par-
ents After Childbirth Educa-
tion, or PACE, can help.
Founded in Washington, D.C,
in 1973, PACE has spread as far
as New Orleans. Usually, a
PACE group consists of no
more that 10 mothers plus then-
infants, and a trained leader.
The leaders usually are mental
health professionals, and an of
them are mothers.
The groups meet one mom-
ing a week for eight weeks. They
share experiences and ask quo-
tums. One evening session in-
dudes fathers. The total cost is
$80 per family. PACE is non-
profit; the money goes for
“It was a Hfeline,” one new
mother, J31 Zaldow, said of her
PACE group.
So-called “baby blues,” or
postpartum depression, “may
affect to a greater or lesser ex-
tent up to 80 percent of new
mothers,” Mra Rbvner reports.
“The support of a PACE group
may be as simple as misery
loves company. But the mothers
testify that just getting dressed
op to go out with the baby is
diEoiflj.”
Notes About People
After polling college officials,
US. News £ World Report
magazine has rated Yale the
best U.S. university and
Swarthmore the best ttberal-
ans college. Yale is the alma
mater of the Republican presi-
dential candidate, George
Budk and Swarthmore, of ms
Democratic opponent, Michael
S. Dukakis.
Justice Thngood Marshall of
the UB. Supreme Court, ex-
pressing mild annoyance over
periodic reports that, at 80, he
will shortly be leaving the
bench, told a recent interviewer,
*T m going to quit al the end of
my term.’’ Justices, of course,
serve for lift
Short Takes
Massachusetts has become
the first state toproldbit newt;
faked police officers and &e
fighters from smoking on or off
die job. A growing number 1 of
municipalities have similar re-
strictions on public safety em-
ployees. The prohibitions have
raised questions on the extent
to which governments can dic-
tate what people do an their
own time. But there have been
few court challenges. A widely
cited derision by a federal ap-
peals court in 1987 affirmed
such governmental action.
Barbie, who has rated fire
fashnn-dofl market far most of
her 29 years, has a new rival:
Maxfe, produced by Hasbro
Inc^ the leading U.S. toy mak-
er. Hasbro has sunk most of its
57 million promotional budget
this year into TV commercials
starting this month for Mane, a
fresh-faced California high-
school giri who, Eke Barbie,
dotes oo sports and the beach.
Maxie dolls cost from $5 to 5 12,
but extra outfits and accessaries
can ran the cost far higher. At
Mattel Inc^ a spokeswoman
said, “Our Barbie line is stron-
ger than ever,” including rate at
$ 14.99 that comes with her own
bottle of fragrance and “a Cali-
fornia Barbie, which comes
with a Beach Boys record you
can’t get anywhere rise.”
The Los Angetes PubSc and
Coastal Protection Om a nittre
is promoting a city referendum
that would permit offshore oil
drilling. While acknowledging
that the $445,000 it has received
in contributions included
$395,000 from Occidental Pe-
troleum Com, it issued a state-
ment that “our campaign has
received 139 separate financial
contributions; 140 of them woe
not from Occidental Petro-
leum.” The Los Angeles Times
suggested a recount.
Arthur Higbee
Myerson Melodrama Obsesses New York
By Howard Kurtz
NEW YORK. — Even by the
standards of a diy fixated on soap
operas of the rich and famous, New
Yorkers have been feasting on the
Bess Myerson sagji with a special
fascination bordering on glee.
Her rise was so stunning far so
long — firan a Bronx housing proj-
ect to Miss America of 1945, from
television star to top city official
and confidante of Mayor Edward L
Koch — that her equally spectacu-
lar fall is being gossiped about,
dissected and photographed from
every conceivable angle.
buss Myerson’s trial, winch be-
gan Tuesday, is the stuff of winch
her di-
vorce case by riving aatyjob to the
emotionally disturbed daughter of
thepresufing judge.
From the moment the first po-
tential jurors were questioned.
Miss Myerson has been pursued
relentlessly.
Here she is, descending tire stairs
to die Lexington Avenue subway
on her way to court, t railed by
popping flashbulbs. There she is,
kisstag her jailed companion. Cad
A. Capasso, die second player in
the love triangle that led to Miss
Myason’s six-count federal indict-
ment. There she is again in tire dark
sunglasses, emerging from a limon-
sine and greeting onlookers outside
the courthouse.
Why tins obsession?
“For a long time Bess Myerson
was a woman who could do no
wrong and who sort of symbolized
New York City success,” said Gty
Councflwoman Ruth Messages.
“In an era when there was a seat
deal of question about bow Irigh
Jews could rise, there was Bess
Myerson as proof you could get to
the lop. She achieved a kind of
permanent fame. She became a
quasi-mythic character. Then it be-
gins to crumble.
“That stirs the juices of people
who said, T always knew she
couldn’t be that perfect’ ”
MissM
protested Her innocence,
to 30 years in prison on charges of
obstruction of justice, mail fraud,
conspiracy and bribery-related
charges. She was forced to resign as
Mayor Koch's cultural affairs com-
missioner last
The public
BessMyersou
sou, 64, who once proclaimed her-
self “Queen of toe Jews,” has
brought forth a torrent of reports
about her erratic behavior. A 1980
police investigation, far example,
found that after hex romance with a
financial investor ended. Miss
Myerson made abusive phone calls
to toe man and several of his female
friends and sent the women up to
50 anonymous letters.
Miss Myerson’s relationship
with Mr. Capasso, 46, a millionaire
sewer contractor, began sometime
after her unsuccessful 1980
campaign. Mr. Capasso, who is
now serving a four-year term fer
tax evasion, gave Miss Myerson
“money, jewelry, vacations, fnr-
mshmsf and the use of Ms Gfaanf-
f eared limousines and credit cards,
according to the indiennem.
In late 1982 Mr. Capasso’s wife,
Nancy, took Mm to court in what
would become a S15 million di-
vorce cast She accused her hus-
band of having viriqusly beaten her
after a confrontation over Miss
Myerson- Mr. Capasso was ordered
evicted from the couple’s Fifth Av-
enue apartment
The divorce case was assigned to
Hortense W. Gabel, now 75, then a
rhnul
Garcia’s Austerity Moves Provoke Anger in Peru
By Michael Smith
H'asiuitgwn Peal Service
AYAV1RL Peru — Thousands
of peasants converging recently on
./this town 800 kilometers southeast
of Lima for the anoual market day
blocked access by digging trenches
and rolling boulders onto the
roads.
They and the townspeople then
.mounted the area’s hugest protest
. in memory, denouncing big price
increases decreed by the govern-
ment of President Alan Garda Pfc-
rez in early September. _
"“We understand that pnees have
to rise," Raudedndo Bautista, a
ji wtM t federation leader, said last
week, “but the prices for oar pro-
dime have not risen in the same
years ago Mr. Garcia
swept to an electoral victory m tire
zone by offering peasants a betto -
deal for their crops and livestock;
land
to resort to harsh austerity mea-
sures. They slashed subsidies and
put in prase a program perhaps
more drastic than anything pre-
scribed by the International Mone-
tary Fund, which Mir. Garda has
frequently portrayed as a bogey-
man.
A complicated multitier ex-
change rate was replaced with a
single rate of 250 intis per UK
dollar, doubling and tripling the
prices of essential goods such as
gasoline, medicine, bread and
cooking oiL
Overnight, xwariy a third of an
average wage earner’s salary was
wipcdoul. Inflation is estimated at
100 percent per month.
Because of the inflation and a
predicted 5 percent drop in the
gross domestic product, fanner Fi-
nance Munster Javier Siva Ruete
and other economists are saying
that the g o vernment will have to
turn the isolated measures into a
opposition has been notably cau-
tious.
When speculation, arose about a
possible military coup, the defense
minister, General Ennque Lopez
Albojar, reaffirmed the armed
forces’ loyalty to tire constitution.
Yet Mr. Garcia, whose populari-
ty rating was pot al 95 percent after
ire took office in 1985, now faces a
78 percent disapproval rating, ac-
cording to fire <MHie polling firm
lire government may als> have
to reverse other pofides. Last week
in West Berlin, Finance Minister
Abel Safinas spoke with the IMF's
managing director, Michel
Carodessos, an toe possibility of re-
establishing normal relations.
When Mr. Garda took office, be
announced that Peru would not
deal with the IMF and would not
use mare than 10 percent of its
export earnings to service its for-
eign debt. In raid-] 986 he also or-
dered Peru’s central bank to stop
debts.
Peru is about $750 million in
arrears to the IMF.
■u.
iiiiai.' |,jl
agrarian reform. Now, _ protest
strikes and outright p iD agi n g h ave
disrupted this iwym known as
puna, cm the Weak steppes of toe
high Andes.
The bitter economic meonse
was forced on the^vOTMtitm
early September when Mr. Gratia
and his advisers ran out of hard
for those adversely affected and a
The government has bad to
backtrack, on an announced price
freeze and may have to devalue the
inti again
The reaction has been outrage.
But, despite toe peasants’ demoor
sCration m Ayavm, the organized
'.1
LT V**'
SeraS^ribunJ
fc-'i “ •-
*t»;*'* -
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ji ^
ifc-'.S- ■
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a*
•a** -- ■
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TithTW* 1W
Now Printed in New York
For Some Day Service in
Key American Cities.
To subscribe call us toll-free in the U.S.:
1-800-8822884.
{in New York, call: 212-752 3890.}
It wasn’t simply
a matter of life or death.
It was more
important than that.
The first highland malt whisky in Scotland to
be given a producers licence under the 1823 Act was
The GhnUret? Rival whisky makers were so jealous
that they threatened to burn Tie Gitft/irci Distillery
to the ground.
So lr was guarded night and day by George Smith,
The Glenliret's founder, with a brace of pistols.
To protect his precious whisky
he was prepared to lay
down his life .
Of course, no whisky
on earth is worth such a
sacrifice.
But perhaps in the
case of The GJenhret?
Hie Glenbvet*
_ 12 years old single malt wkisky
tftr Cfcnhrei aon CMw *jv- p:
state judge in Manhattan. In July
1983, Judge Gabd cut in half toe
$2,000 a month in alimony and
daBd support that she had previ-
ously ordered Mr. Capasso to pay
his ex-wife.
A month later Miss Myerson
hired toe Judge’s daughter, Sukb-
reet Gabd, now 39, as a S19,0QQ-a-
year special assistant in the Cultur-
al Affairs Department.
Prosecutors, whose case is
ty drcumstantiaL »n< y that
job amounted to a bribe and that
Miss Myerson celebrated the ali-
mony reduction with the Gabels,
charging (tinner on Mr. Capasso’s
credit card. Mr. Capasso and Judge
Gabel are also defendants in the
The trial has political signifi-
cance as well, since the acerbic Mr.
Koch has been fon wrishmg in the
polls (48 percent disapproved of
him in one recent survey, a record
high). He has been closely identi-
fied with Miss Myerson since his
1977 election as mayor, a contest
that many believe be would have
lost without the former Miss Amer-
ica campaigning hand-in-hand at
his side.
“Far those people for whom a
potential bachelor mayor raised
some anxiety, there were sugges-
tions that for all we knew, the^ust
might decide to get married,” said
Coondlwoman Messinger, one of a
dozen potential challengers to Mr.
Koch's re-election next year. The
marriage faints turned out to be a
political ploy.
On toe stand, Mr. Koch is ex-
pected to repeat his account that
Miss Myerson, through “sheer fab-
rication,” misled him about Sukh-
reet Gabel’s hiring during an inter-
nal inquiry. But the trial could
serve to remind voters of the cor-
ruption scandals that have plagued
his third term.
Sukhreet Gabel, who suffers
from depression, has emerged as an
instant celebrity of ha own. Al-
though ha testimony may help
send ha elderly mother to jaQ, she
has been doing endless rounds of
press interviews, even appearing on
WNBC-TVs “Live at Five”
the jury was being picked.
“Seldom has a genuinely tragic
satnation seemed to be so obviously
enjoyed by one of its chief protago-
nists the columnist Liz Smito
wrote in the Daily News.
The trial could turn on toe credi-
bility of Sukhreet Gabd, whose
mental history and strange rtsum£
are certain to be aired at great
length.
“She could say things that could
be very damaging^ said a New
York defense lawyer, Thomas Puc-
cio, who has represented celebrated
defendants in other cases but has
no involvement in this one. “Pre-
sumably she had conversations
with Bess Myosao and ha matter
that could pot a very bad spin on
the facts.”
With the trial expected to last
until Christmas and press passes
(he hottest tickets in town, the case
could have a longer run t han souk
B roadway shows. And with (me
book already in the works, can the
TV doendrama be far behind?
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ACENTURYOFNEWS
-TBlFROM the archives of the^-J
INTERNATIONAL HERALD TRIBUNE 1887- 1987
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and Hany N. Abrams (New York). Available in book stores
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Page 8
INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 1988
Estonia Hums as Cadres
Of Political Reformers
Gather and F ulminat e
U.S. and Soviet Veterans Share the Pain of Unpopular Wars
By Michael Dobbs
Washington Pea Service
TALLINN, U.S-SJL — Repre-
sentatives of grass-roots political
groups from around the Soviet
Union have met here in the capital
of Estonia and denounced what
they described as attempts by the
Communist authorities to prevent
them from organizing freely, gain-
ing access to the mass media and
participating in elections.
Complaints of official harass-
ment and even of persecution were
aired at the meeting Monday,
which was attended by members of
about SO informal political organi-
zations from areas of the Soviet
Union as diverse as the Ukraine to
the Soviet Far East
The gathering foQowed a week-
end congress of the Estonian Popu-
lar Front a mass movement that
adopted a platform of radical re-
form calling for, among other
things, free elections, property
guarantees and an end to compul-
sory military service.
m contrast to Estonia, whore the
Popular Front has emerged as a
powerful, legally recognized body,
similar movements in other Soviet
republics have experienced great
difficulty organizing and acquiring
legal status. Legal registration is
essential for any group that wants
to present candidates for elections
scheduled for next spring to newly
constituted national and provincial
legislatures.
Many participants at the meet-
ing condemned what they de-
scribed as “an information block-
ade" imposed by the central Soviet
nvdia oq news of the political de-
velopments in Estonia. Newspa-
pers in other Soviet republics have
carried only sparse raerences to
the Esto nian Popular Front, which
has demonstrated its mass support
with meetings attended by as many
as 300,000 people.
“A decision must have been tak-
en at a very high level not to pro-
vide information about what was
happening in Estonia," Rem Blum,
a professor at Tartu University and
Ulster Car Bomb Kills Jafler
Reuters
BELFAST — A prison officer
was killed Tuesday when a bomb
went off while he was sitting in his
car in a residential area of east
Belfast, the police said.
a founder of the Estonian Popular
Front, told the gathering Monday.
Blum and other speakers said
they hoped a major realignment in
the Kremlin leadership last week-
end would result in a more tolerant
attitude toward informal political
groups.
Informal political organizations
began appearing in Moscow and
Leningrad last year in support of
Mikhail S. Gorbachev’s program of
perestroika, or restructuring of So-
viet society. Initially made up in
most cases of no more than a half
dozen people, they gradually grew
by f or min g alliances with other
groups ana by attracting new sup-
porters through rallies and demon-
strations.
The meeting here Monday pro-
vided a unique opportunity for
members of groups scattered across
the Soviet Union to exchange in-
formation, and when not listening
to speeches, they swapped address-
es, circulated crudely produced
leaflets and signed petitions.
The Moscow-based Democratic
Perestroika Movement collected
signatures on one petition de-
nouncing a July government decree
that imposes severe restrictions on
the holding of meetings and dem-
onstrations. Local authorities in
many parts of the country have
used the decree, which was rushed
through the Supreme Soviet, or na-
tional legislature, without public
debate, as a pretext for declaring
illegal all but the most innocuous
public gatherings.
The petition, winch described
provisions of the decree as a viola-
tion of the Soviet constitution, has
already been signed by about 500
leading intellectuals, including the
Nobel Peace laureate, Andrei D.
Sakharov.
Estonia is the only Soviet repub-
lic in which the authorities have not
made any use of their powers under
the July decree. Street demonstra-
tions have become a daily occur-
rence and have been used by the
Popular Front and other informal
groups to win release of political
prisoners and force repeal of un-
popular government Harkinnc
At die opposite aid of the spec-
trum of official tolerance are Soviet
towns such as Kubishev in central
Russia where members of informal
groups are routinely refused per-
mission to bold meetings or distrib-
ute leaflets.
By Esther B. Fein
New York Tana Service
MOSCOW — Hie tabic was
covered with food and drink, and
the men were sitting around it,
inuring of their soldier days.
Silverware clattered and glasses
tapped in fraternity, until one of
the men recalled how eerie the
nights were. And in the sudden
silence, they all re m e m bered.
“It was so quiet then,” Shad
Meshad said. “It felt like the war
had stopped.”
“Only you knew it hadn't real-
ly,” Grigori Sbtirtin said.
“Exactly,” Mr. Meshad said.
“And you kept wondering when it
would all start up again."
Thais were wars fought in dif-
ferent decades, in different conn-
tries. Mr. MeshatFs fearful nights
were in the jungles of Vietnam, IS
years ago; Mr. Shtirlin's were in
the mountains of Afghanistan,
from which be returned last De-
cember.
The two men met last week in
Moscow, when a group of eight
Vie tnam veterans came to the So-
viet UnioQ to speak for the first
time with Soviet veterans of Af-
ghanistan and to share with them
their experiences about dealing
with the physical and emotional
wounds of an unpopular war.
“Our wars were different, but
our stories, they are the . same,"
said Igor Yepufanov, a 23-year-
old student at Moscow State Uni-
versity, who came bock from Af-
ghanistan in 1985. “I have friends
I have never spoken to like this.
But these guys, they are like my
brothers. They know."
The wars in Vietnam and Af-
ghanistan are not comparable on
many levels, veterans from both
f Our wars
were different,
but our
stories, they are
the same , 9 said
a student who
came back
from
Afghanistan in
1985.
ERbs a Foa/lte New Y«k Time*
Shad Meshad, a Vietnam War veteran, looks at a scrapbook kept by Alotamk* Lavior, crater, who
fought in Afghanistan, whole another Afghanistan veteran looks on daring their Moscow meeting.
countries said. The politics dif-
fered, and so did domestic sup-
port for them.
But ibe wars coincide at one
painful point, they said: in the
trauma and confuaon of soldiers
who returned home from a ques-
tionable and prolonged war
fought in another country, for an-
other people's freedom.
To address those problems, the
American veterans arrived with
spedahsis in psychology, comput-
ers and artificial limbs. They have
been conferring with Soviet offi-
cials and veterans, first in Moscow
and now id Leningrad.
In Moscow, there were work-
shops on post-traumatic stress
syndrome and alcoholism and a
visit to a military hospital, where
Afghanistan veterans who had
lost limbs were fitted with pros-
tbeses.
There were also news confer-
ences, tears and dinners.
All those events were important
to the visit, the veterans said, bat
they were formalities. The most
revealing and rewarding time,
they said, has been outride the
official program — when a group
of veterans sat around a hotel
room talking and a disabled
American veteran removed his ar-
tificial legs, when a Soviet veteran
introduced anew American friend
to his mother, when American
and Soviet veterans spent a night
in a Moscow apartment sharing
stones.
“We need your bdp, your expe-
rience,” said Alexander Kalan-
darishviH, who invited a group of
American and Afghan veterans to
his home in Moscow. “There is so
Trmrh hurt of US.”
And one by one that night, each
mini, Amman and Russian, told
his story. The langnage barrier
seemed to matter little. Before a
translation was complete, the oth-
ers were nodding tbor beadsji
understanding, or reaching tb«r
arms across the table m an em-
brace. f"
The veterans told sanies of
caning in alcohol and drug^At
their comments mid reac-
tions were so alike, only
dis tinguished who was speaking
of Vietnam and who of Afgham-
sian
“Every one of us there, trial
drugs." Mr. Kalandarishvfli sara.
“Evew other one was an occasion-
al user and every 10th was a regu-
lar nser.”
“Many of our rays became i al-
coholics and addicts," said Mr.
Meshad, who is executive director
of the Vietnam Veterans Aid
Foundation, a nonprofit organi-
zation in Calif ornia. “And
of our were after thfri
war, when vets couldn't cope and
took their own lives. We draM
want to see that happen to you.”
It was not lost on any of these
men they might have been
fighting against each other if the
wars they tad been in had spread.
But somewhere in surviving, in
enduring the pain of rejection and
rehabilitation, the veterans found
a wwwwn ground in these wars
flip! rhtdr governments could not.
“During the war, 1 drove over
an American-made mine, and
spent half a month in the hospi-
tal," Alexander Lavior said. “My
frvmte vrere killed by American
weapons, and for a long time I
very angry at all Americans.
When I got back, away from the
war itself, 1 realized our Soviet
guns killed people, too. They
probably killed same of your
friends in Vietnam."
By Warren E. Leary
New York Tima Service
WASHINGTON — An influen-
tial advisory committee has recom-
mended that the U.S. government
for the first time approve the trans-
planting of foreign genes into hu-
man patients.
In the proposed experiment, a
major step toward trying long-an-
ticipated gene therapy, scientists at
the National Institutes of Health
would genetically alter patients'
blood cdls in an rffoit to gauge the
effectiveness of a cancer treatment.
The doctors would not try to
treat a genetic disease, which is the
goal of gene therapy. But the can-
cer tests use many of the same tech-
niques that would be used in re-
placing a defective or missing gene
that brings on an inherited disease.
“Everything was waiting on this
derision," said Dr. W. French An-
derson of the National Heart Lung
and Blood Institute, after the 16-to-
5 vote Monday by the Recombi-
nant DNA Advisory Committee of
the National Institutes of Health.
“We are ready to go."
Dr. Anderson, who leads a group
that has a gene therapy proposal
before the same committee, said
the researchers still needed approv-
al from the National Institutes of
Health director and tbe Food and
Drug A dminis tration
But the scientist and his princi-
pal co-worker on the experiment.
Dr. Steven Rosenberg, said they
had indications from the remaining
authorities that the work would be
approved, and they were confident
that they would be able to start by
the first of the year.
Tbe experiment is the first in-
volving gfn**- transplants toimmans
to be approved by the advisory
committee, which was f craned in
tbe 1970s to guard against hazards'
in genetic research. Similar trans-
plants were attempted twice before,
m 1970 and in 1980.
The latest proposal involves
transplanting a bacterial gene «n*n
a type of white blood ceUthat at-
tacks tumors. Scientists will try to
follow the effectiveness and life cy-
cles of tbe anti-cancer cdls.
The researchers want to take a
bacterial gene responsible for neo-
mycin antibiotic resistance and pat
it into a vims. The virus has been
stripped of its ability to be infec-
tious but it can any and activate
tiie gene. Hus vims and its new
gene, in turn, would be put into
white blood cdls called tumor infil-
trating lymphocytes.
The foreign gene is not intended
to have any effect on the patient's
cancer. TniaeaH, it wonld simply
save as a marker to bdp the doc-
tors track which cdls are active
n piiBl the ranflgr.
The NIH advisory committee,
which indiiilM iwwtfirii and ethi-
cal specialists, recommended that
tire experiment be tried on no more
than 10 patient volunteers, winch
Dr. Rosenborg said should be
enough to demonstrate the tech-
niques and safely of the procedure
Several thousand diseases are
caused by one or more defective or
rnigmig genes of the 50,000 to
100,000 genes in each human cdL
The divwwes indude Duchennds
nmscnlar dystrophy, cystic fibrosis
and blood disorders.'
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ARTS /LEISURE
Page 9
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***» i....; ■-:**
P*i*bV\ i ' ■*' *
tiMitA . \ ..?■ 7- :
fendi, Krizia, Fen
Tiy Tender Touch
n» e
By Suzy Menkes
ijisSiSS-* ggSSSSS
■^Waajr^sss bsss---
s^asrarm jy JarsKssapitt
MILAN FASHION S^ nt " slyla 3x568 WTe ^ w^^look^d
*«™t tI S]c^ beUeW “ ^ injured by die san» prewar pexi-
9m. Karl Lagerfeld for p-w« - °r J"® 6 m stra w-colored Knee, with ovedays
ftSlrtSRS^SSS MMB3WESS
wSffg; S^^-ewtadk.-w,
^ss«
to Huinauj
I* tor r#\-
****Spuf
af Ktttwir
4 tit ar«
i fwA uuc'
Minrwtafd
4 mwhiftt
#»*»**"•
M* artver
?>* v.
w
a- thrci^r-. ■
nir ihir. ; ...
m K.
llA- E3i»V«L'
W CiScira-. .,
V-it: a .
ft? '•. r
f* T U».-4Vl-_\i ; .-
I i-n *.t v,- ■
n- iV
at **JeiXT..«
M-%. \«* .
NTEB
iniL« »Kc iT_A.^T 6V « « *“««*» ookhs m
Spired by the arty, were soft,
— — - &tt£53EaiEZ&£
p ? 1' . 4 4/- •#) 011 ^ "“way with her
fw’-.; ^ grandchiklrcn, she received a destrved
J™ woman, who has often in the
P^.^ahardedge. was softened up with
M «iW wide-lcg pants and hirfi waia sldrts
' Tflf lB ~®* ertha - skinny or ripplmp oat as they
£ jaj^o^the catvK. That were no short skirts^
of shorts and pants.
jackets cm on the
?** 1116 B* 1 811068 were worn
^ gaw a fed Of
t /. ?• ^ ?•>•• So did the swmants bandhu? the
k- f-ff ■ body “sea blue and black, and thTshon-
* k'- v^a ^fweet cream cable knits topping flared
K ^WM sh ^ t ? m cappuccino silk.
- . 5 alt ®‘ tops layered over T-shirts and tic-
r :;^3fe> ™“ pinafores were complicated. But stm-
“esses with swe^nng skirts below a strapless
%4rZ “C were rrfre^ig. ^
mm „ ^ to China, screened as
S.&y* travd °g QC over Milan’s fashion
^™ d > was refived 1 on the mnway. The
%*>%.> ™ Bnpres* of Cashmere flew in a dram
; ^^^ B ^^ drcsscd ^iao- \
* *■ !■■■ d qner ^ ^“8 yeflow and Mao bine. Clothes
were on the Easton side top, with loose 1
®^wm«TOw pants and colorful dragon
’ v - motifs on black swimstnts. 1
The Showman
Of Sao Paulo
By Alan Riding
Mew York Tima Service
O AO PAULO -Whctotte-
kJ aid Thnmoc’p — --- -a -u
*1? j. „ . fo 1 " — 1 1,1 toocattJ fan
A heum offering ftsr spring and l omumw
. Ttere seemed to be too many strairfit lm«:
j ^^fyome : clothes, which took the sea as
their tteme and mdnded bold scarf prints of
imotted raeam ropes cm a navy ground. Wide
deck- chair stripes m red or bine on white
aocentuated the naval theme and came in
“Hows of fabric that tied in to the body.
Ferrt opened the show with tailo ring cut
“*“*£ nasty Pantsuits in the inevitable
nwyUne starred with big gflt bartons. A
reapeze-hne top swinging over a short skinny
aut came m stiff white piqui. Also on the
gaaa®
gilded eyelets ponched out down the spine.
There was a whiff of a different feeling in
tte longer skirts in chiffon and voflTm the
soft sarnno mnm anJ u *— -- -■■ . . • ■ I
locmv?
Mmadc
metom
MMNWC
sms**
! A'TS~>— /
■*. ■- «• •» trmma
- »*« .-rests*
rt.-» «v«*v.'s
-■ . --i. ur «l>
hi 1
M- *«C » T
« !■»■■ ■.•>
h.
M -
. *ta> .1. sail -
. r, ,-nf
— i- a' 18
> i knfawtoMcBameAwdaKdtaH
Fancy h^it cape from Fendi.
— •* ““ mile uocs tne “""“ws.
seated style vety wefl. The swimsuits, every one in n*w
was ^ err ^* s evening were Ferrt at his best, cut on dean lines with
white oigandy looked Sj ^ S^S f M oUSCS w 81 ™ 1 ^^^
Miehael Frayn’s CheMwvian Cornucopia
By Sheridan Morley nrinationtoreadhermastonieceto dom
International Herald Trtimu him through the mahL E^S° as J cases ’ 31 fbe last to come up With the
5fS2*:2i2S»?fe? A-ASSSSP-*
, J iruwufci ua-
r “ iiionias’s princmal oHco
toe tijen he reuuned here from
New York four years ago was to
introduce a new genre of theater to
“pset the local cultural establish-
ment or simply to gain fame, the
Anso-Brazifian stage director can
rainy claim — and frequently does
Jo have achieved all three.
. “ ,e ego side has been more
Jan satisfied,” be said, peering
toongh Brcc fuia n spectacles as if
confessing to the sin of pride. “I
have become a presence in BraaTs
“Jtoal hfe. ftxpie are already
toking about the pre-Thomas and
me post-Thomas eras of Brazilian
theater.
Indeed, by exciting some, angar-
tog ©mere and stirring jealousy
ftoMg more, the 34-year-old direc-
tor has in a short time emerged as
™ most polemical figure on the
Brazman theatrical scene, polariz-
ing public, critics, actors and dhreo-
tore with his provocative views and
avant-garde work.
Thomas is, for a start, a master of i
publicity, with interviews, reviews i
and round tables abort his pieces
‘ 303 opinions • — frequently oo- 1
spying pages of the cultural sup- i
piemen is of newspapers. But he is s
also, at least for Brazil, a daring I
nmorator of form and contort, in- d
spired by what he describes as the h
subversion” by the likes of the g
American director Robert Wilson, 3
.md the East German play wrigh t L
HemerMfifler. 3 ^ aj
_ So far, he has used works by C
Bedcett, Wagner, Mftrimte and m
Mflca as vehicles for his produo- _
hons; but he is moving toward
creations that be calls “dry opera,” r
f*aractecized by a rinematoeranh-
k use of lights and blackouts, rne-
recorded music, almost choreo-
graphic acting and a sort of anti-
ronguage that he describes as
verbal hemorrha ge: "
He is taking three pieces to New
iori forperformances at La
“The Process," “Praga”
Md Caimea Com Hhro" are
Tntanas creations within borrowed
frameworks. “The Process,” the
most critically praised of the three.
JJ?w the stay line of Kafka’s
Trial” and uses music from Wag-
ner's opera, “Parsifal” “Praga"
(which m Portuguese means both
Prague and plague), with music by
Shostakovich, is evocative of Kafir..
but not based on a text, and “Car-
men Com Fatro” (“Carmen With
rd temps”), with an o riginal score I— .
by Mp Glass, adapts and sau-
t ^ BuctsvcraOTof ^Mfirimfe
^though Thomas directed 18
m PJays byBecketi at La Mama be-
to tween 1979 and 1984, he says he is
lo nervous about the reaction to his
J- aew pieces. “New York looks like a
« my open-minded place, but it is in
n fact very narrow-minded," he ex-
s plained. “The most interesting
“mgs happening in New York are
e brought from Germany. The most
g important theater artist of the seo-
f oad half of the 20th century is Bob
1 “ dhe 08,1 tordly work in
s the United States.”
f Certainly, Brazil still seems un-
1 sure what to make of Thomas. In a .
i sense, Brazilian theater was ripe for
the sbakeup he provided: in the
■ 1970s it was suffocated by the cen-
r sorship oS a nrilitaiy dictatorship
and mihtf 1980s swanroed by com- 1
meroal productions that Thomas <
•tontoSK as “soaps without cam- <
erat Young people have em- <
waced his works and even turned i
him into a cult figure, while the t
fury of his critics has helped draw s
the world of drama into the public E
spotlight. ^ J
At times, though, it seems that *
ms cubes are reacting more to the a
man tom his works. When he
speaks scathingly of the theater in T
Brazil for example, they ask: Is he at
■ “, a BraziIian & was bom ai
m Sao Panto and is fluent in Portu- th
guese) or as an Englishman (he re
spent his late teens and early 20s in pt
London and he sounds English) or su
as neither (his father was a Goman ar
Communist who fled Hitler and his va
“other was a Welsh psychoanalyst
“Pans are my real interest,” says the dirett^^Sd'ThSS
of Lithuanian Jewish extraction),
i Thomas enjoys the controversy,
m the program for his Kafka tnl-
ogy m S§o i Paulo, he printed a page
of quotes from his; harshest crite
One called him “a false English-
man who is inventing vanguard
theater of the 1 %0x"MothCT de-
scribed him as "interesting as a
PMsm but profoundly ridiculous
m what he says." A third said “he
was a precodous boy who went
senile at the age of 30."
At times, some critics argue.
TJonias almost trips over the m y£
toough his works. “Puns are mv
r»l mterest," he explained. “viW
philosophical musical puns that
subvert meaning. It’s good for any
artist to madrimsgim conditioned
values.
One sign that the Brazilian cul-
tural establishment is lear ning ro
uye with him is the decision bv the
Minnapal Theater in Rio de Janei-
ro. which compete with S3o Paulo
as the country’s cultural capital to
present “The Process" in January
but tius time as a "wet opera" with
jjfml orchestra, choir and soloists.
"They know they will sell out,”
Thomas suggested op timisti cally
What seems clearer is that, while
under contract to take “The Pro-
«ss." M “P r aga" and “Carmen Com
i-Uti© on a European tour next
S Thomas has woo a place for
If m Brazil As it was put
reomtly by Octavio Frias Rlho.
publisher of the daily Fotha de S3o
Paulo, “always pleasant and v ain,
at ccxifused and contradic-
tory, Thomas is the most lively and
““mated presence on the mori-
bund stage of the B razilian theater
today."
GALERIE JAN KRUGIER
GENEVE
NEW YORK
the primacy of design
Biennale Internationale des Antiquaires
Paris, 22 September to 9 October 1 988
Stand n°52 - Telephone 1-42 56 43 88
■Su *rrMh
4- 41 *«*?
■ *>«m
MX ’%*■■
i* **•
i M ft.
i *i» yrr.
ksmsit
1 • IV OUUI
toTBpIy umonqzrdinnsible to wori
XX wfio haye not read the origi- than
I books m thar turgid entirety. Ez
ZSZ — -'-T °J ID0N We ought to have of the sketches work betaroly 1° Voiceaf ^ rage ata
^ become aocostomed to Che- IrasweD.-IbeSoeezer’ itself, a oo- tho^S^SS^JSj,? ^'^tosontycrime^ato
^ khw bc f n S w 9to a W Mi- ^^ embarrassment at the na] books in their turgid entire*? is divorce.
— - chad Frayn, since all four of the haflc L ranch better when Neil Si- . . rargid entirety. Enjerttyptayed by Simon Caddl
jiviV. 1 major classics are now in his tnms- nxm adapted it as part of “The lrtercsmt is alondoT footnote to f 11 © Lisa Harrow as the mtirc cast.
■Ni;v‘ ! ’ . lattons and he has also carved his Good Dcctor” on Broadway a few "“^^esiaxii, a literary conceit ^ conasts largely of brittle, tough
— ’ ycara ago and brought out the full aimleasiless that sketches from a dead relations^
THE LONDON STAGE implications of thennfartn- ™8Wjost haws worked for half an that both partners are for obscure
^ • — naie nasal enqrtwn. The best- P 001 ,? 11 a dull television night but masons occaaonaHy raged tokiefc-
.'.f.J -V own “Wild Honey” out of the hith- of . thc I^ys, “The 18 a msgrace at West End prices. stojbadc into a land of afteriife.
*** Ain mtmrtflKU u Platrvn«i R .a ifcfir • &lld Pnrwwnl n n wlDle A Cl is A fratmumtarl
— — — nate nasal enqrtion. The bat- P 01 "™ » mm television mght but masons occasionally urged m Krfr.
own “Wild Honey” oat of the hith- of the one-aa phm, “The * a msgrace at West End prices. stmtbadt into a land of aftaiife.
erto intractable “Platonov." But at Bear ^ “D® Propo6^" seem □ Uooble Art” is a fragmented
the AMwycb as ‘The Sneeze" is a mc ™„ ' h an a . Htt] e tned. But the At the Playhouse. Barry Cray
set of nokss than eight new C2w- evc “ n S suryrves t han ks to die ion’s “Double^ Act” is aW»iri™2L ahmony batde-
khovs by Frayn. Some already ex- “““rato^trfAtkmsosioneof edy of post-marital bat it suggests that in Bany
isted in^Rnsin vandoKS. the pSdSlCSelXrS ^“^“^reanewd nml
others were only short stories; an West End, md to the evocative “Private S5*to 1 indi &-
are concerned with deco social cm- “ttogs of Maric Thompson; the of Vmini# w#vJS« Nidutos Renton’s
JACKPOTS OF 3 MILLION DM
PLAY THE BIGGEST LOTTERY IN THE WORLD!
tmh. urn. amiiL sumes; au z-—-3 rrv~ 1 ““
are concerned with den social em- of Mark Thom
barrassmem, and all have been ““ecta u Ronald Eyre,
turned into comic sketches for □
Rowan Atkinson, Timothy West “Th- nf c K „,„ .
andChayl Cm^beS to paform.
What sq>mated Chekhov as a to be no secret at all: A 90-mnmte
farce writer man a contem porar y script of amazing banaht
m w* ; W
1 •«*
’m- S' 1!
fSV%
T A« 0P2 f!
' , n l*
r.v-
• vr?*.-'*
« ',*zrrJ
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iuux wma uoui a cOTiemporaiy script or amazmg banality and loi ^1V
L yiHa G eorgg Feydeau, or tire later of suspense has been cobbled to-
Ben Travers, was that his charao- gether froan Conan Dprie by Jer-
tos were seldom in actual periL- any Rnd, presumably to camtalize caiwar
They were usually in varying stages on the jsesence of its two acton, GMZA
of rage or mortific ation at the tricks Jeremy Brett and Edward Hard-
of fate. This revue xompflrtkm wts wicke, as Holmes and Watson in a w.cui - autdSrS
off to a splendid start with Atkin- cnznait television w y; Cb»iaih K .^M3rs3iV343rt4a
sonincraismgtydetommedthatlie In the first half of this aimless mutur I
will be bored to death, and so never tittle emveraatien piece we get a
see his wife and children again, as a brief recap and revooa of the or- T AgW4A .
result of a rival playwright’s deter- thodox Holmes dortrines and ■
• „ ' 4 .
«*Tr' A .
fa* »
Jeremy urea and Edward Hard-
wicke, as Holma and Wktson in a ^£SMSrSaS
current television series. OmnaRc, vj'susrsiAQci] 4a
hi the first half of this amiW s mbmiy
^ LA C«VAUa«
asaroMra T&igj
JARRASSE
MMUSand
CAFl drouant
tntft. StppK nm kduin
TSHMBinftjr
MKiSSth
RAffiATl! 1 R HONQRfldE
PAUSTth
_ . , .KARLOV
" o IwMiow and naman fc
^GnwhLTA; <5512921
'J- Amoy. 79 r m StrDoranin,
PAUSath
WDM1A PAVUON RUS5E
PTOf^ ppar. luAnfa
45. 47j£3fa_
e 8 ‘"J h * ®" Nwvember 19th, 1988 and
r JJh the largest amount of prize capital - i a
S um 5 ’* 1 ^ 000 M *’ 1,16 Soulh Gerniar i Class
Lottery gives away Rie biggest top prizes com-
- f ny , otfier German lottery. No other
one otters jackpots of 3 million DU. The
DM ' s ,..? onsored by tto Federal States of
* S** 9, Bavaria ' He s»e and the
L h ! n S;^ nate a ■ d te “"tolled by an offi-
cial board of directors in Munich/Bavaria.
Our irewr«tffarBhros yog during
20 draws UNO CHANCES OF WINNING
three MILLION DM, FOURmStoES
OF BECOMING A DOUBLE4MLLION-
AIRE, 14 prizes OF 1 MILLION DM.
4X 500^00 DM, 20X 250,000 DM,
32 X 10 0,000 DM phi» 437,506prtEes
rangitifl up to 80^)00 DM.
HOW THE LOTTERY WORKS
The 84th Soulh German Class Lottery extends
ov a souTw^^ri^- f rom November 19 th.
J 989 - n « divided into six
classes. The 1st to 5th class have a total of 20
- 1 . e. 4 draws per dass - and 6 in the Bth
crass. This means a draw every Saturday tor six
I “U tin 9 months! The draws are heldln public
and are state controlled, which assures that all
KiS'flh' 0 ^ "S ttful win nera. The basis
of file lonery is the Pnze Schedule, which shows
all the prizes and dates of the draws
2 X 3 Million DM
4x2 Million DM
14x1 Million DM
4 x V* Million DM
26 x 250,000 DM = 6 - 500, °^°“
32 x 100,000 DM * 3.200,000 DM
30 x 80,000 DM = 2,400.000 DM
34 X 60,000 DM = 2.040.000 DM
436,716 prizes under 10.000
= 6,000,000 DM
= 8,000,000 DM
= 14,000,000 DM
= 2,000,000 DM
42 x 50,000 DM = 2 , 100,000 DM
60 x 40,000 DM = 2.400,000 DM
84 x 25,000 DM = 2,1 00.000 DM
540 x 10,000 DM = 5.400,000 DM
DM = 349,470,000 DM
^“TTYO-SWA-S pub
Shfcyoffw jqBBMjUiin Pub loafed »
S r **, 'to.fiw di home
^^JOHN JAMESON
Tram ra IMDua* ia fbri^ nanotad-
At~ ra ?°r-g t ^ t -L™g l b l * ffa5 « wd
° to P«dL Ooh Men**.
10lbiG^«ii«.<OLT5toii
N)RA AND VBHNOU
pnz« In hais, 2am, Nw
I BtSTRQT D’ARMAM?
* $ bcSfa d c*y qiKj.
naotn & reoptan rooro soblra
aifarbwnMiMwh. Sr. At G
Pmit. 4X2S^l^y. jg Sot, rSdd&SMij
PMUS 14tb
MACADAM
BarCrefctal . Smday Bnjrdi
b tea PrtMhfe, t£;
PAKBiSth
PABJSim
Ask for catalogue and offer with sample:
CARAN DUCHE - DIVISION CADEAUX D'AFFAIRES - 19, cheniin du Foron, C.P. 169
1226 THOnEX-GENSVE - Tfl. 022/460204 Tte 418570 CPA - Fax 022/498412
PAJBSSm
DIAPASON
gM.nAftJftt GoAMEou Gita
IT4/2Q , lOwfitaEL.bwBB i u mt u ff I<a
[ WBWM
KBIVANSARAY
aeflBgwfttett
WHAT THE ODDS ARE
5 0 ' 000 numbers Issued
and an outstanding otter of 437.588 prim
n eaft y every second number is lucky fie
*X V ?l«ri H r7 er ' ^ng
a spacui-SIx-PKk you can boost vour
S?!? 5 ! 0, . wlnn,n 9 31 '«« one prize by ga%
and of winning further prizes by 87%. Value and
number of prizes increase with each class The
EJ!??"®®® 01 ? ate8 BWWI away as prizes In^ the
SKL is htgher than m any other German lotto/
ANYONE CAN PLAY
Tlie South German Class Lottery is open to
anyone of any citizenship in any land. ShoSdwf
nroveto another counuy.you tan «w cc5£S
P^y wherever you Irve providing there is a postal
Tickets are available In full, half or smaller shares
22 ^ W* P® 1 jn draws and have equai
01 “ urse onI V f uH tickets^will
9en 00 % of the prize money, whereas the smal-
ter shares, which cost their respective stake
price, are only entitled to theirowSnonHion
portion of the prize money. wnteapo " dln 9
tt's easy to play In our lottery. Just comolete end
send m the attached Tlctet ORMrSSS
il ?!? f wmi , yo V r remmance - You will then receive
Wctas end addrtional Information. We
mend payments to be made by IntoS^,
JS'SPJ 1 ■"■a** in German Marks payable to
Wes^l through a German BanJuSich S
usual ry free of charge. Should payment hp m ar > a
by 'ntemationa 1 Bank TtanrtrJSwH SS
WHAT HAPPENS WHEN YOU WIN
££52“ ^ ooiifled immedlaieiy and confiden-
pr ^ es ' M are P ald al o^ce in full
and free from German taxes.
We can make payment in any currency you choose
and to any address or person you desire. Every-
thing is strictly confidential. 1
Partiopants wiH be air-mailed every four weeks the
offiMi winning lists along with the renewal tickets
for the next class.
r??r?. T nf. SOUTH GERMAN
CLASS LOTTERY TODAY
so lhai you can take part in all 26 draws. The first
draw will be held on November 19th. igs8.
D< r> L o Werner Wessel
fgSST* ~Jate Accredited Lottery Agent
W SSSi’ 22 ' P -°- Box 1040 1 67
D-3500 KASSEL, WEST GERMANY
zr: »s
* Or. p.a Box MS* ^
TICKET ORDER ^
Please send me ttie toflowing SOOKlfTSCHE KLASSENL0TTER1E ffekats by return poet
al°M 864 each (approx. US$452 or Estg 268) = DM
al DM 432 each (approx. US$226 or Estg 134) = DM
,EPf! ' a ;jSS1,3 “ r £ a B 67) = DM
,296 fapjrar.USS678or£s% 402) = DM
maJSng charges ate. 5“ U (approxUSS 030 or Estg 3.80) _
0vasaasDM21 fapyw^ n nflnrrjtgS.SQ) — -
„ Amourtf of enclosed cheque in DM or equivalent m USS or £$fq =nu
assssasssa^^
darges. You can only be created with me DM oquitfen . w .?, lwei F | currencies, you must «M
Maif the bekemgio- Mr. Q Mis. 0 A*ssn Messrs, n ^^^Uyworderttw.erttwyewaBfiwiih^
AnawwBiGennaininEMsnn
RUNNE:..
SHEET AffiRMBO: _ Biw
HIT, HHifTBT, POSTAL GfflE:
2srr“ □e®>"Dr^i'"nfwT"n^-
—* IXLI I I I I I I l \
CardHoktar
VAUD ONLY WHHE LEGAL • ~
"NOT AVAJlAfiLE TO RESDQSTS OF SNdATORE”
Bcphy
tote Month,.
Year..
SgfwttifaT—
Page 10
INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 1988
Market Sales
NYSE 4 pjn. volume
NYSE PTB*. CCrtA dm
Amex 4 pm volume
Amen prew. cons, dam
OTC 4 pjn. volume
OTC arev.tom. vahma
NYSE velum* uo
NYSE volume down
Amex volume up
A mcx volume down
□TC volume us
OTC velum* down
NYSE Index
Tuesdays
Him Low Ctese ore#
Composite
Industrial*
Trarrao.
Utilities
Flnaa
153X2 153.03 tan —MO
18451 15168 II
141.11 MOSS 14
710 7271 7
13174 mss u
mse
Closing
Pia The Associated Press
NASDAQ index
GmiwIIi
Industrial*
Finance
Banks
Insurance
Utilities
Trenacv.
Week
cuu am *°°
383.10-068,
Suits M
»=§£»
3ft T7 + 007 30S-**
NYSE Diary
Dow Jones Bond Averages
Bonds
UHlHies
industrials
Advanced
Declined
undtanped
Total Issues
New h lofts
New lows
Buv
Oct 3 1703M
S*pt. 30 348039
Sept. 29 250X82
S*pf.28 1(1084
Seal. 27 301J99
Sept. 26 193X51
Sous *ShVt
£182
8^ ^
‘Inducted in the rales fteurra
Dow Jones Averages
Standard & Poor’s index
nasdA Q Diarv
Open hwj Lew Uw aw.
hwi tew aera atm
IrtdUS 210437 Hlt4t 2098*8 71QZM — UO
Tram 910*9 m 3d WMB 9T244 + UD
util 18166 18Z97 18048 18104 + 0.12
comp 794*4 801.13 7B906 74447— OK
tndwtrlate
Timm.
utmtm
3Jl» 310.14 310X2 —On
317 « 21427 21481 — 0J4
iii§ ims nag-un
UK 25JS— -CUT
Advanced
Declined
iMehenoed
Total issues
pa»
QMonrn
HlgfiLow 50x4
Sb. aosr |
SkHMiLow geatonw .
12% 1M ACMSC0124 1U
10ft 8ft ACMSpnlDl 11.1
31ft JOfc AGS
m 314 AM Intt
28ft 17 AM Int pfZOQ 9.1
57ft 20ft AMR
27 2S AN P of 287 10.1
31ft I* ANRpf 2.12 U
10 5ft ARX
S »'4 24 26 + »
9ft 9ft Oft
434 17 UK* UK*— ft
328 10ft UP* 10ft + ft
299 9ft 9ft 9ft— ftl
500 28% “ft 28% + ft
445 5ft 5% 5ft
N.Y. Stocks End Slightly Lower
rtS 'U. acm n M ' A 19 I?7 *»% ^ *•% + * Uni,ed pras tocmaiMol day to lower ihe equity mix and up the bond
!»* IM 5™iS n 1 94°l II 32 b ip*, i§£ {8% + w NEW YORK — Prices dosed slightly lower mix frightened people.” Mr. Bloch said, noting
ns* 8n SaKspnijji n.i g? hv* »* + ft Tuesday in active trading on the New York me Dow plunged more than 25 points Monday
J Sft Avfirrti 31 ™ m » Stock Exchange, as the market exhibited little before iwbvenng to end with a seven-point loss.
Ira! 26ft ,-1 10 20*0 §% av* 2aw — ft conviction in either direction. "That decision, the unemployment number
M4il anrm It? 'Si ’{ m* af* + * The Dow Jones industrial average, which fdl and the tech stocks gave the bears an qpportum-
w J* ARX II 38 7ft 7 7ft i 7 55 points Monday, slipped 3.20 to dose at >y to break tins market and they faded," Mr.
^$.8 12 $ ?§h ?g-5 1102.06. Bloch said. “With such a news backdrop, this
Sr?? iSft AMHbf* iS “ 14 ^ it* wS wft 1 Declines led advances by mac than a 7-6 market should have stayed underpressure.”
TAU. Rh Amur wi aj! 103 7 HA S3— ftl n i i X td-ii n 14, Dl.J. : J Lc .1 r . : 1
27ft 15ft AbMtblt 1D0 45 17 14ft 16ft
lift 8ft AcmeC .40 48 'g » g 8ft— ft
IY 2 4ft AcmeE 83b 47 49 15 ,g» — 1*
20 14ft AdoEx 3D5e19X 15 J5H ISft 15ft
19ft 6ft AdamMI -34 IX 14 3 16*. 16% lift
24ft 7ft AMO 8041 9W 8ft *
SAM 29ft AMO Of 1D0 97 S3 1 31 3131 + ft
9ft 44. Adobe 187 2* 7ft 7ft
19ft 16ft Adobof IM 107 12 1£% 17ft 17ft— ft
21ft 17ft Adobpf 2X0 11X I 7®* =“55 *2?? a. u.
13 5ft Adv« .12 15 15 54 Bft Bft 8ft + ft
41ft 39ft ActnU 17* 04 8 901 Sift 5£i 51 —ft
35ft 20ft AflIPbl 30 3 843 30 39ft 29ft + ft
20ft 13 Alwnons 88 5.1 II 3380 17ft 14ft 17ft + ft
4ft lft Alleen 48 4ft 4 4ft
53ft 29 Atrfrt T70 19 Tl 1513 41ft 4H4 4?ft— ft
27ft lift AIrbFrf 40 37 25 97 19ft 19 19
16ft 6ft Aim 16 13 14ft IAS 14ft
20 13ft AJriKo* 240 128 10 11 18ft 18ft 18ft— ft
'g ^ ££ S5— v* margin. Big Board volume totaled 157.76 mil- Mr. Bloch said even rf the September unem-
56 Bft Bft 8ft + ft
901 Sift JDft 51 — V*
843 30 29ft 29ft + ft
20 13ft AlrleCrs* 240 128 >0
27ft 24ft AklP Of 2.13c 87
9ft 7ft AMP Opt A7 97
87 77 AlaPpf 878 107
21ft 12U AtsfcAIr .1* £ 16
19ft 9ft AJbnvln 75 14 13
38 14ft Alberta JO J 20
3816 lift a tbCulA JO 1.1 15
38ft 20ft Alblsn 56 1J IB
37ft 18 Alcons M 2.9 7
27ft 15ft AlcoSM 40 17 II
38ft 15ft AfexAlx IM 33 IS
65 34ft A Indr
88ft 61ft AlleoCP 7
14ft 2ft WAWInf
7B 12ft vlAWI PIC
33ft 15ft AWLud 48 17 ID
^’li m ’I © iS* lift lion shares, up from 13038 million traded Man- ployment data suggested a more robust econo-
B34i ’w 9 day. my than the Augnst data did, one could argue
^ is? 7ft 7ft 7V. Prices traded narrowly mixed for most of the that falling ml prices could offset inflationar y
[3o iiJ *? ms aft aw - 48 session, with the blue chips enjoying modest pressures.
176 54 7 S 9oi 5i£ 50ft s?' 4 — ft g airi<! until that sector puBed back in the final “There is some confusion here,” Mr. Bloch
2 A ii iSft iTft 1 2 Hour. said. “But given the immediate news back-
« 4i« 4 4V* “The market is showing great concern over ground, the market is acting pretty weH”
'm 3J 2s TS w iwS i9 H iJ* * Friday’s unemployment number,” said Ralph PHisbrny was the most active issue, soaring
E40J2J18 !? iBft isft iBft- ft Bloch, chief market analyst at Raymond, James 18% to S7Vi after Grand Metropolitan made a
Li3e 87 m 24>* 24ft wft & Assoriaies in St Petersburg, Florida, refer- surmise $60-a-share tender offer.
La io3 iooz ai n si bi rin g to the US. figures for September. Ddmarva Power & Light followed, up 14 to
'is 14 13 ’m £ft 1?5 m! 4. ft In recent months, analysts believe the nnem- i7 £- T J ^ .
5 n « 3 2M627* + * ployment number has become the most mfluen- INCO Ltd. was up 1% to 30%, on news of a
3 £ ’? tTiS £2 2?ft m 2 + ft report in the setting of Federal Reserve recapitatokm plan.
4i 17 ii 883 25ft 25 2sv»— ft Board policy. The near-tenn course of interest AT&T was u n cha n ged at 26. IBM was off %
m 33 n 6*s 25ft ft rates could wdl depend on the Friday data. 10 ]
7 m US » 1ft - * Broad-market indexes also lost ground. The Among other blue drips, General Electric
4 * , t ,d fl S New York Stock Exchange index fell 030 to w*? j* «? American &prras was off K
16 13 14ft 14ft 14ft
18 18 11 IBft 18ft IBft— >6
L7 2fl 24V, 24ft 24ft
•7 55 9ft 9ft 9ft
17 U»z 81 81 81
Z 16 97T lift ajft
S60-a-share tender offer.
arva Power & Light followed, up 14 to
INCO Ltd. was up 1% to 30%, on news of a
41ft 31ft AlloPw 3A0 7.9 ID 239 38ft 38
2 72ft 72ft 72ft— ft
IM 2ft 2ft 2ft
47 13 12ft 12ft — ft
16 28tk 28ft 28ft- ft!
to 114ft.
Among other blue chi ps, General Electric
was off % to 42%, American Express was off K
20ft 9ft AIM of 175 114
lift 9ft AlnCopn 75*35
123 (3ft 1 3ft 13ft— ft
t ., ... J 15ft 15ft TSft
lift 9ft AlnCopn TSe 35 30* 10ft 10 1 Oft + ft
21ft 12ft AlldPd 3 15ft 15ft 15ft— M>
4Sft 26 AMSftnl 140 54 II 1850 34ft 31ft 33ft— ft
2ft ft vlAlllsC 327 ft ft ft— ft
15193. Standard & Poor’s 500-stock index fdl to 27%, Boring was up % to 63% and Woolworth
0.76 to 270.62. The price of an average share lost was up V> to 55%.
12ft a AllsCpf
10ft 8ft AtttMu 78 7 A
10ft 9ft AISMII n .19*15
2 i5ft i5ft 15ft— ft 6 cents.
34la 33ft 33ft- ft j Mr. Bloch said the market remained stable
m? reiS if* ,L + Si despite three key worries: the upcoming unem-
10ft TO AlsMO n
354* 23 ALLTEL 1-52 4J
20, ,0ft 10 ,0ft + ft
m ft ft h
175 10ft 10 Id — ft
184 33ft 33ft 33ft + ft
2 66ft 66ft 66ft + ft
1634 53ft 52* 53ft + 16
18 16ft 16ft 16ft + ft
Prices dosed slighdy lower in slow trading on
the American Stoat Exchange.
The American Stock Exchange index fell 0J8
68ft 53 ALLTpf 106 3.1 2 66ft 66ft 66ft + ft
63ft 33ft Alcoa 140 24 8 3634 S3ft 52ft S3ft + ft
19ft 9ft AmoxG JH 5 28 18 16ft 16ft 16ft + ft
28ft 12ft Amax 70 IJ1 10 1B86 71ft 20ft 20ft
T7V, 7ft Amaral 44 34 21 67 13ft 13 13ft
35ft 71ft AmHes 40 73 3468 26ft 25ft 26ft
Zlft 12ft A Bat* .15* 3 221 17ft 17 17ft + ft
57ft 36ft AmBrnd 270 4.1 10 28*5 54ft 53V, 54 + ft
32ft 27 Vh ABrd of 275 UU 51 Z7V, 27ft 27V, + ft
28ft 15 ABhIM .92 13 17 55 TP* 27ft 27ft + ft
29ft 15ft ABu&Pr 48 34 13 1 2S6i 2SW 25ft + ft
22ft 17ft A Can Bft 230 104 45 21ft 21ft 21ft— ft
38ft 20 ACQBCv 443*207 4 23 23 23 — ft
10ft Bft ACanln nl.io 114 122 9ft 9ft 9ft
17 7ft ACMR U» 107 10 IB 9ft 9ft 9ft— ft
3 ft ACantC 11 \ := . * 1
ployment report, the decision by a major bro- to 299.62. The average price of a share lost I
kerage to reduce the stock exposure in its model cent Declines led advances by almost a 3-2
irtfolio and the weakness in technology issues.
“The decision by Salomon Brothers on Mon-
cent Declines led advances by almost a 3-2
marg in Volume fdl to 7,64 nriDlon shares from
7.92 million traded on Monday.
12 Month
HM> low stock
Sb. dote
100s High LiM OoDLOlV*
n Month
High Low Sleek
Sb. CBM .
WhHWLD* OugtCmir
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53ft 28ft BrtstMv 148 34 16 7108 44 Vi 43ft 43ft— ft 25 v, 16 CorscoI 147 105
37ft 22ft BritAIr 156* 44 7 165 28ft 28ft 28ft + ft 47ft 37ft Con, Ed '
25 IS 416 30ft »fi 30ft— ft
16 21ft 21 21 •
17 17ft 17*4 17ft
176 10ft IBft 10ft
14 17ft 17ft 17ft
29ft 23ft AElPw 232a 86 10 3492 27% 26% 27 — ft
37ft 20ft AmEx* 36 23 17 7051 28V, OTS 27ft— ft
17ft 9ft AFamly 34 14 10 175D 73ft I3tt 13ft + ft
38ft 27V4 AGnCo 140 4.1 9 574 33ft 33ft 33ft
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18ft 12 AHIIPr 208 114 11 98 IBft II 18 — ft
29 23 AHcrtt 108 AI 12 4x 36ft 26ft 26ft 4- ft
12ft 4* AHobn 795 lift I1W lift— ft
2414 17ft AHotstpflOS 8.9 48 22'i 21ft 22 + ft
BS 62 AHom* 340 AS 13 1193 SOft 79ft 79ft— ft
99ft 74 Atnttch 540 54 10 803 94ft 92ft 93ft— ft
81 49 AlntOr .40 4 9 3839 Mft 66 66ft
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45ft 21ft APresd 50 14 10 3345 3Ta 31 32% +1%
79ft 46 APrad pf 3.G0 60 284 SS% ST.1 58% -Hft
16ft 12ft AREst 200 124 8 61 16 15ft 15ft— ft
73ft 44ft BrltPt 3.18* 64 11 3851 49
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47ft 35 BrflTal 147*44 9
30ft 16ft BHPn 1.10* AS 12
47ft 37ft Con, Ed 120 12 10 >37 44ft Mft Mft
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2442 27ft 27 27ft— ft
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19ft 12ft BwnSh 52 24 15 13V, ,7ft 13ft— ft
43 26ft BrwnGa 146 A3 15 86 36ft 36 36ft— ft
34 in* BnwnFr M IJ 3D II 14 J7ft 27ft 27ft + E
29ft 10ft Bi-nvrk 44 23 8 1856 19ft 19V. 19ft— ft
38ft 19 BrshWI 44 24 17 43 27ft 27ft 27ft— 'A
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20ft 16ft BunkrH 176 104 4 17 17 17
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151 49 48ft 48ft— ft 57ft 51 ConE pf SOB *5 3 53V, S3ft 53ft— ft
161 6ft 6ft 6ft— ft 22ft CnsFrt OB 27 17 792 3Jft 33ft 33ft
142 27ft 27 27ft— ft 43 28ft ConsNG 144 A2 16 843 39ft 38ft 38ft
14 41 40ft 40ft 4- ft 39ft 19ft Conroll 150 37 8 3944 31ft 32ft 33ft— ft
60 34ft 24ft 24ft— ft 6ft 2ft CnSfor 19 366 Aft 6ft 6ft
Six 24ft 24ft 24ft— ft 28 12 Ccftslr 44 24 21 X 25 24ft 24ft
1 27* mi SO 4 CnPpfB <50 9.9 120i 4SVi 45ft 4Sft
15 lift ,3ft 13ft— ft- ^6ft 66 CnP pfC <52 64 Xz 70 70 70
M 3AH 36 36ft— ft I 77 64 CnP ofD 745 105 1501 72 71ft 72 +1
43 27V, 27ft 27ft— ft
110 20ft 20V*, 20ft— ft
4 17 17 17
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19ft lOft A5B 30 SS
22ft 16ft ASBpt 101 113
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31 m, +lft ! 24ft 12 BurftCt 11 » 20ft 19Zi X + ft
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16 15ft 15ft — ft | 9 a BflKapt 45 64 290 Bft Mb 84b + ft
_4ft ft | 30ft 23ft BrtRscn .15* 4 600 29ft 25ft 29ft + ft
79ft 67 CnPplE 772 UU
78ft 67 CnPpfH 748 105
38 L4 25 Cont*l 208 55
48 30V, CrTtlCp 240 67
5ft 2ft Cant in 08 14
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20 84 16ft 16 ft Mft
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5> 1431 M 13U Tift— ft i 222 '40W CBS
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U 15< 75ft 75ft 75ft + ft
10 44ft 44ft 44ft
54 24*120 I19W 719ft— ft
34 14 2 35ft 35ft 35ft
4 13 1595 MW 14 74 —ft
- . 40 Z2 40 184
222 MOW CBS 300 77 M 585
4ft 2ft CCX 11
67ft 41ft CIGNA ZM 54 ■ 1638
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lift 9ft AmevSc 108 104 60 10ft 10ft 10ft i
Am toe
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172ft 170ft 17X6 +1ft
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9ft 9ft
20ft 20 20ft + W
22ft 22ft
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IZft 9ft CNA I 1J4 107 9 44 lift UH lift— ft
36W 16ft CNW 9 1233 28 27ft 27ft— ft
32ft 19 CNW pf 2.12 80 8 26ft 26ft 26ft— ft
55W 36 CPC 140 11 16 6017 57ft 51ft 51ft + ft
36 22ft CP Nil 176 <9 15 in 36 35ft JSW + ft
20ft 15ft CRUM 8JBeSA2 7 79 15ft 15W 15ft + ft
T7ft 13ft CRI I) 279*190 8 72 14ft 14ft Mft— ft
19 Mft CRI Mill 140 104 10 68 15ft 15ft 15ft
24ft 9ft CRSSs 3* ID 10 97 23ft 23ft 22ft— ft
«0ft 2Zft CSX 144 Al 64 4912 30ft 30ft Xft— ft
27ft 17 at 50 11 9 32 23ft 23ft 23ft
15ft 7ft C3 Inc 11 585 12ft 1ZH 12ft— ft
49 ft 25ft Cotxrt 72 14 28 195 39 3«638ft + ft
29ft 10W Caesar 9 512 U 25ft 25ft + ft
8ft 6 ColFIP 1O0 1A5 176 7 6ft 6ft
32W 18W Co<F*tt 140 6J 3 807 22ft 21ft 2lft— ft
6ft 4W Cal RE 42 64 57 5 4ft Aft
33W 15ft Colthn 40 14 135 16ft 15ft Mft + ft
Mft 22 calmat 40 14 16 462 30ft 29ft 29ft— ft
6ft 1ft cotton 4 B43 3ft 3ft ,3ft— ft
20ft 10 Camrnl M 4 79 12» lift 12ft + ft
SI 35ft Coml pf 340 85 1 41
2ft ft CmpR* 1 229 1 .. ..
34ft 22ft C omSva M 25 14 1977 31 XYt 30 W +■ Vs
21W 12ft COnPCO 76 A3 3905 18ft 17ft 17ft + ft
15ft 4W ConlCa 81 5ft 5V. 5ft + ft
II Bft CnlCa Pf IX 144 3 9ft 9ft 9ft
6 3 CancnG SOD 4ft 4 4ft + ft
445 297 CopCJt* X .1 17 MO B3W 349 3SJW-3W
35ft 34V. CapHkJ 44 2.9 10 555 32ft 32ft 32ft— ft
15ft 4 w Career* 17 nn u>ft 10 loft— ft
S65 47ft 47ft 47ft
84ft 57 Amoco 350 48 10 1869 73ft 72W 72W— 1
JOft Mft AMP 1JJ0 24 16 UU <1ft 41 W 41 W —
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lift lift Ampco
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2DW AmSth 144 SO 9 284 25W Mft 24ft— ft
Jft AiXKfflP 12 1640 9ft 9ft 9ft + ft
19ft Anodrk JO 14 67 410 Mto 24ft 24ft — ft
8ft Ana lap 16 12W low lOH 10ft— ft
■ 9ft AnchGl DB 5 11 899 9ft 9ft 9ft— ft
Anwilc 42 34 12 373 22 21ft 22 + ft
AnMRI 152*155 57 28 9ft 9ft 9ft— ft 1
Anhras 42 24 M 5460 32ft 32Vh 32ft— ft
Anthem 14 963 lift loft lift + ft
Antony* 44 J7 9 169 12ft 111* lift— W
tft Anthm,
5ft Antony* 44 3L7
28ft 20W Aon CP IX 44 10 113 27ft Mft ZTft— ft
11 6 Apoeh* X 44 5607ft6ft4ft + ft
<W 6ft APOchwl _ 8 6ft 6ft 6ft— ft
6ft 2ft ApcP un 45 105 146 2ft 2ft 2ft
27W 25ft ApPwpt 2AS 94 X 27>A 27 27 + ft
36W 17ft AppiBk 8 70 33ft 36ft 36ft
20ft 8W APMM* 10 47* 12ft 12V, 12ft— ft
r l7W Arch On ,10b 5 1011709 Bft 19ft 20 + ft
17 ArcoOi X 34 1310 31ft 31 31 — V*
16ft Artstoc 33 3.1 5 1614 304b 30W SOW + ft
22 15ft Art. la IX 54 16 48 9 19W 19ft 19ft — ft
46ft MWArfclaPf U0 U 8 40ft 40ft ttft
Mft 7ft Anna, 22 1189 10ft low loft + W
2*ft IBft Armcpf 210 U 6 Mft 23ft 23ft
44ft 22V, ArmWI IX 25 10 .3134 35ft 33W 35ft 4- ft
SI 43W ArmWpf343 7J 10W51W 51W 51W +1W
lift 4ft ArewE 181 357 7>A 7W 7ft + ft
21 12 ArowE Pfl.94 124 212 15ft 15ft 15ft
41ft 11 Arm 171 27ft 7S 25ft— 1ft
5 14ft Arvln X 34 25 145 2ffW 20ft 20ft
ft IS Asarca M 34 J 3150 25ft Mft JS <■ W
lift 10W A, Coo I n 1227 lift 10ft 11 +W
8 3ft CorwHkt
13ft Bft CnvMa pf 149*114
19ft 5ft Co opCo .701
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16% 5W Coowlit .10* 3 9
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72 Mft ComGI IX 25 12
77V, 25 CorBIk IX 34 S
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9ft 4ft
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MW I7W Cron*
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34ft 18 CnresK 31 24 M
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144 <1 64 4912 30ft MW XW— V*
X 21 9 32 23ft 23% 21ft
11 585 12% 12ft 12ft— ft
42 24 2B 195 39 3*ft38ft + ft
9 512 26 35ft 25ft + ft
IX 144 176 7 6% 6ft
IX 64 3 807 22W 21ft Tift— ft
42 64 57 5 49b <1*
X 14 135 16ft 15W 16ft + ft
13% 4W ClIllMt
SAW 40W CumEn 2X 44 IM 391 48% a
Mft 37 Cumnar 3JO 84
12ft low Curlnc 1.10O 9J
67 43ft CurtW IX 34
12% 5ft Cvccre
41ft 19ft Cycfptn
51W CvpMpf 345 74
M 14 16 462 30ft 39ft 2*ft— %
WWW 3W— W
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22* 4 i ■%
15% 4W Career s
SI 43V, ArmWpf 343 74
11% 4% ArowE 1
21 12 ArowE pfl.94 124
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£ l«ft Arvln 48 34
ft IS Asarca X X2
lift 10W ASCaoln
17 1118 10ft 10
CarofcP
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36ft 22 Carlisle 1.16 34 13 82 35ft 35% 35% + ft
lift 5W CarofcP 8 94 6% 6ft 6ft— W
2 Vk Carolcwt 6 Tft 1ft 1ft
37W 17ft CoroFt M 2D 29 537Z7ft2Sft26W + ft
36 Mft CarPw 246 79 9 4*97x35% 35 35W
53% 33% CarT*c 2.10 <6 17 67 45ft 45W 45ft
7Vl J Corplpd .10 14 72 20 6
37% 23W AshOlls IX 11 10 2*0 32ft 32W 32%
10% 3% AStOPC
10% 5 AtalSCS 40* 7.1
27ft 9% Athlon* IX 6D
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TVs 3 Carpi nd .10 IJ 12
16V, tv. CarsPn .10 4 27
14% 6W CartHw 28
43W 24 CartWls X 14 IS
Mft 11 CascNG IX 84 9
28% 12 CasflCk 13
M 17 67 45ft 45V, 45ft
4 72 20 6 5% 6 + %
4 27 1100 IS Mft 14ft + %
28 177 9W 9ft 9ft— %
14 IS 253 39% 39ft 39ft + ft
14 9 45 15% 15 IS — W
13 254 27 26% 26% + ft
14 W Tft OavWfr 32 14 17
60V, 21W DaytHd IX 24 16
B0 70 DPLPI 748 10D 3Qz 75 75 75
32ft 22ft DMnFd X U 14 433 28 26% 77V, + %
10 9W DWGin 30 94
50V, 22ft Deer* X 14 12
20% 16 DeTVal IX 104 10
19% AH Gas IX 64 10 457 26V, 26W 26W— W *1% Catart, 45 13 11 3TB S8W S7ft 58
35% 28ft ANEnre 244 84
59 31% 33W 33% + ftl
97% 58% AM Rich 4X 54 10 4582 77% 76ft 76ft — ft
228 155W AlIRcpr IX 14 1 1B3V, 183W 183V,
• 23W AUtraCo 100 118 39% XW 3Bft— %
6 47 Mft 16% Mft
39 553 7% 7% 7%
X 34 24 350 12 lift lift
M 74 17 1443 34% 33% Mft
52% 32ft AutoDI 42 14 17 1403 38 37 37 — W
7W 4ft Avalon 39 4% 4ft 4% 4- %
10W 5ft CedrFr IX 104
52ft 32ft Cornel 142 19
389 10 9% 10 + %
5W 44ft 43ft 44
9ft OWGI n 30 94 1668 9W 9W 9% + ft
SOW 22ft Deere X 1 4 12 1095 *5% 44% 44% — ft
20% 16 DelVal IX 104 ID 21 17 16% 17 + ft
19% Mft D*lmPt_ \M 64 1148070 1 7ft 17% 17% + ft
55% 32 D*ltaAr IX 24 8 1262 50W 49ft 50 — W
6% 3W Deltona 10 5ft 5ft 5ft
MS> 20 Deluxe 32 16 15 556 Mft 25ft 25ft— %
32ft 71ft DctsMI IX 5.1 11 66 M% 24% 24% 4- %
41% 21 D«Soto 1.40 3J 23 3836 43ft 38V, 42V, +4W
1SW 12 Dr, Ed 1X 10.9 1511242 1Mb 14% 15% + %
48 23V, AftasCo
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18% 12ft CwlEn IX 114 6 1330 13ft 13% 13%
28ft 14% AVMCO 44 14 13
- - - X 11 21
26ft 15% Averv
39% 18% Avne,
M Mft Avon ...
26ft 22 % Avon pf 2 00 II
32% 16 Aydln
44 14 13 4 25ft 25ft 25ft— %
X 11 21 178 23% 22% 22 JS— ft
X 25 H 429 20V, 20% 20ft
IX 4.1 72 1986 24% 24% 24% + ft
200 11 847 24ft 24% Mft + U
11 19 22ft 21ft 23ft + ft
29% 15% Centex X 3 18 126 28 ft 2 B 28% + %
34ft 27 C*nSoW 2.44 73 8 573 31% 31 31%— %
24 16% Cm Hud DO BJ , 200 20% 19% 20
23% 19W CnllPS 1.76 U 11 465 22ft 21% 22
28% CnLoEl 242 7.1 9 25 32ft 32% 32ft + ft
12% CeMPw IX 84 10 1986 17ft 17% 17% + ft
25% 20% CVtPS 1.98 81 9 69 34% 24% MW
25ft 9ft CnlyTI* X ZA 19 407 25ft 25 25 — ft
20% MW Cenvllt UO 1U I X 16% 16% 16%
44% 23ft Chmpln IX 3D 8 1368 33% 33 33%
14% 7% Cham So X 15 34 *13 13% 12% 13ft + W
15% IlftOrpSUn D3r 4 12 67 12 11% 12
5% 1% ChortC D2* J 5 211 4ft 4% 4ft
*»% 19% CMOS* 2.14 74 3 967 30
OefEPt 9J2 UD
D*tE Pf 7 X 108
76% 60% D*tE Pf 745 104
74% S3 DetEPf 746 189
26ft 24% QEprB 245 185
32% 17 Dexrer ... .
45V, 20% DtooPr 32 J 22
25 12 OlCtor M 30 16
19ft 14% OlaSO 180 184 525
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12 4% DkmeCp X 5.1 45
50% 31% Dteboid IX 34 13
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199% 91% Otoftol 9
23% 12% DlfiwNY 6
79ft 4ift Disney
29ft 21ft DEI
5ft 3% DJvrsIh
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558th 71 70ft 71 +1%
480x 68ft 68ft 68ft + %
40x 67ft 67ft 67ft— ft
261 26% 26% 26% + %
31% 23% BCE a 244 273 30% 30% 30ft
Mft 13ft BET 49* 54 13 14 ISft IS 15
Bft *16 BMC 7 X 7% 7ft 7ft
31ft 23% BRE 240 IJ 17 20 31 30ft 31
19ft 14% BRT 1*111 I 36 19 IBft If
41ft 20 Borneo .90 35 74 25ft 25ft 2Sft + %
26W M BakrF S X 2J 19 21ft 21ft 21ft + %
26% 11% BatcrHU Ah 84 999 12ft 12ft 12ft— ft
60% 38% BkrH pf 150 BD 94 40V, 40 40 — ft
27% 17 Baktor 32 13 20 11 23% 23% 23% — %
43W 25% Ball UK U It 86 29ft 29ft 29ft —
23% 1DU, BallvMl 14 lO K 5581 23V. 22ft 21 + ft 147 118
17% 9ft BaltBcp X 13 X 149 IS Mft 15 + % 3*^ Mft
34 19 BalfGE 2X 6A 9 sw 311* *1% 31ft— ft
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9*7 30 29% 29% — ft
112 51 50ft 50ft— %
10 45 45 45 — ft
51 4IW «ft 41% — ft
57 3% 3ft 39b + %
37 34 33ft M
X 35 12 36922ft2Zft22ft + ft
S3 38ft 38ft 38ft + %
203 21ft 21% ZTft + %
69 Wb 15% 15ft + %
306 13ft 13% 13ft + ft
20 25% 75 25% + ft
43 4 5ft 5%
37ft 37 37ft + ft
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9 5950 93% 91% 92 — ft
6 88 16 15ft 15ft
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IX 55 12 417 2Sft 25W 25ft + %
83 4ft 4% 4% — %
47% 36ft OamRs 3D8 7.1 10 527 43ft Oft 43W
14% Bft Domtw X 1C9 10% 10ft IBft— %
25ft II Donalds X 2D 12 15 19% 19% 19%
42% 2SV, Danllcv X 22 12 684 35ft 35% 35ft— W
38ft 21ft Dovers 16 14*0 32W 31% 31% — %
1B«b 59ft DowCh 280 33 9 6875 8916 87ft B8ft +J
4*ft 26ft Dow J ns X 2.1 13 381 33W 32% 32%—%
19 _ 10 Dowray X 13 10 185 18ft 18 11% + %
ChJTiBnk 2J2 8J 4 2284 31 W 30% 31 W + %
5% 2% ChBk B 30 IM
12W 7V, ChBk PfC J7M0.9
52% 40 ChBkPt 439*112
52% 33ft ChBk Pi 433*11.1
19% ChWast .16 A
26ft 14W Chspk 3b 2L6
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-97*10.9 686 9 8% 8%
L9W113 40 43ft 43% 43% — %
133*11.1 _ n 38% 38ft 38ft— %
.16 A 28 128 27 26ft 26ft— %
3b 16 11 311 21ft 21ft 31ft
3* 19 BalfGE 2X 64 9 589 31ft 31ft 31ft— %
55% 49ft Bal, pIB <50 9D 55th 51 50 SO —1
27ft 16% BncOn* ,92b 35 10 1953 24% 25ft 25% + %
28ft 16% BneCtrl 15 13 2D* 20ft 20 ft + ft
64 41 BnSant J7* 13 453 57% 54% 57% +1%
4% 1 BanTex 143 1 1 1
67W 42 Banda* X 13 IS 50 63ft 63% 63%
32ft 17% BkBost IX 43 10 236 27 36% 26ft— %
101ft 78 BkBDfC 6.19* 75 2430Hz 7BW 78ft 79ft + ft
260 Al 10 5747 43W 42% «%— %
167 118 CMMIvr 12 TO 163 163 163
39% 14ft ChJPoco X ID 16 2005 4Mb 38% 39%— ft
II 5ft GikFull Jit i4 S5 X 9ft 9 9%
27W 10ft CnrtsCr .53, 2A 34 584 22% 21*. 22 +%
42ft 19ft Chrvslr IX <1 5 S3M 24ft 23ft 24%
69ft 50% Ote«J Z16 17 7 233 58W 58 58%— ft
9ft 5 Church* XI 57 475 6% 4W 6ft— ft
7 3ft Chyren .Mb 2J> 41 116 4% 4% 4% + ft
36 79 C II con, 14) 73 U 17 32ft 32 32 — ft
34% 20% BkNE Ui tl 9 1053 27% 26ft 26ft + %
43% 24% SJtNY 130 S3 6 457 35 34% 34%
16ft 6ft BnkAm 10 3091 Mft 16ft Mft
371b 24% BkApf 354*104 218 3S’ 1 , 05% 35% + ft
61% 42 BkApf 6D0*1U 84 57% 57 57 - ft
7ft 5ft BkApf IBB 54 7 6ft 7
46% Mft BankTr IX 45 4 3)614 39 38% Mft— ft
27ft 13ft Banner 108 27% 27 27ft— ft
36ft 21 Barclay 1.85* *J 15 92BW2S 28% + ft
23 12% Boras 19 1W8 23% 22% 23 + ft
40% Mft BatnGp IX 3A 11 109 35^ 35ft 35ft- ft
39 27% Barnett IX Zl 10 1438 Mft 33ft 34 — ft
9. 4ft BarrWr AOa 7D 26 234 8ft 8% Bft
37% ,9ft Oral Bel 1.12 3D 16 3*9 37ft Mft 37ft + ft
29 23% ClnGE 124 85 12 279 26ft 26% 26% — %
4W 39 ClnGof 4.00 93 100z 41 41 41
97ft 84% ClnGPf 9X 7W 4ttt B9H 89 «. 8914—1%
96% 81% ClnGPf 9.28 10< lOOz 89% 89% S9%— 1
30ft 14 ClnMIl 31 33 151 22ft 22ft 22ft
11 246 lift 11% lift + ft
X 2.1 M 794 13% 13ft 13ft— ft
.12 2 M 360 40ft 40% 40ft + ft
15 139 31ft 31 31ft' — %
30ft 14 ClnMIl
15ft 7ft CJneOd
16ft 7 ClrcteK
41 17 CIrCtv
34ft 17% Circus
19 10 Downey X 22 10 Iks 18ft 18 18% + %
21ft 8ft Drava 29 6006 17ft 164k 16ft— ft
35% 77ft Oresr X 25 15 777 25ft 28 28ft— ft
11% 3 Dreshr .1* 15 11 134 6% 4% 6% + %
Mft 17 Drees IX 95 21 19% 19ft 19% + ft
M M Drevhra ^ 2D 11 533 26% 25ft Mft— %
10% 7ft DTYStrt Jt 73 288 10% 10 10% + %
12 10ft DryStG nl.14 105 52 11 10ft 10ft— %
IM 75 duPmt X80 47 9 32B 81ft BOV, 80ft— ft
59ft 50% duPrrtpf <50 U 13 52% 51ft 52% + %
9ft 7 DuHPJp n 1 3 1525 8ft 8 SYb-%
»W 40% Duh*P 2.94 65 11 1000 4Sft 45ft 45%— ft
9?% 86 Dukapf 8J0 9J 650, 94ft 94 94 + %
W% 79W DukBDf BJ0 96 770z 86 W 25ft 85ft— ft
ST* 17, RyE* 0 * 7 -2S m _3oo, aift am nft + ft
94 gift Duke pf BX 9 A 10880X 86% B6 86 - ft
Ws 5% Duke (7 n tf W 6 6 — %
70% 44% DunBrd 1.74 13 21 9571 53ft D S3 —1ft
15ft 10ft DuaL* IX 7 A 11 11BC Mft 15ft 15%
29ft ?5ft Ctttcrpf 148 37 J 2917 26ft 25ft 25ft— ft
6% VIBASIX 44 ft
Mft lift BatlMtB .10 .7 M 760 14% 14ft 14ft
48 30ft Bauxti IX 14 u 237 42W 41ft 42 — %
29% 15% Baxter X 19 14 9566 179b 17% 1714— 14
50ft 41 BaxpfA 174* 9.1
93 6014 BaxpfB 150 SD
V 19ft BavStG IX 7J
19ft 8 B«arSt SO AS
51% 38 Bears pf 3D7* 93
83 41 41 41 — Hi
162 60ft Mft 60ft— Vb I
6 22% 22% 22% — ft
380 12 11% 11%— % ,
JOB 3M« 39ft 3W. 1
80% *2% Cttcppf iXe W
53ft 33% atTBcp 1.12 2 A
4ft 1 Clablr D4| _
8 Tft CWIrSf .10 2J
35% 17ft Clarke
9ft 5% CktyHs
Bft 4ft ClemGIb
Xft 7ft CIvQI
76ft 64 ClvEI pf IM IM
76 66% ClvEI pf 756 105
33ft 23% Clorex IX 32
21% 9 ClubMd X 1 A
6Xe ?S 2 63% 63% 63%— ft
1.12 1A 7 9 39ft 394b 39ft— %
■Ml 2b Jft JV4 1ft + %
.10 2J 60 4% <% 4ft + %
135 901 26% 28W 20ft— ft
11 131 9ft 9ft bft + »
.40 7% 7% 7%
_ 7 110 25ft 2S% 25ft
209QZ 68 47 67ft +1%
40: 49% 49% 69% +1 I
IX 32 13 1530 33ft 3214 32% — %
39 M If 24 M 13% !3%— ft
22% 19 DuQPfA 2.10 MD
1*ft 14% Duapf 1J7 1QJ
mi 17% Duapf 2X0 10,7
2TW 18 Ouqpf Z0S 1CL5
24ft 19 Duq PrK HO 10.1
24 19ft Duqpr 231 UU
» 63ft Duo pf 730 10.1
34ft Mft DynArtl X S
ID 4CB 31 21 21 — %
U 15% 18ft 18ft— %
1,7 92k 19ft 10% IBft * ft
L5 l«Jz 19% 19% 19% — %
Li 11 21ft 20% 2046 — %
U 2504k 23 23 Zl
LI 100,71% 71% 71% +1%
J 12 223 23% 23ft 23ft
X 2.1 10 10 9% 9% 9V, — %
B 145 4% 4ft 4ft
40 IX 15 154 rm 32% 32%- ft
IX 9X 32 27 12% T2ft 12% + Mi
1X6 12X313 27 13ft 13 13%— %
9 26 10% 10% 10ft— Vb
41% 70% Besmos XO 2J 13 115 35% 35
Mft 6ft Coachm A0 3J 34 69 10ft 10% 10ft— %
63% 42ft BedDk Mr IJ IS 7» 54, S5ft 55%- ft
1 vIBeXer 14 % ft ft—
2ft ft vIBakr pf 22 % % %
40 IBft BeldnH 53 IJ 15 4 39% 39% 37% + %
79% 40% BetlAH 4DB 5J 11 945 71% 71% 71ft- ft
23% lift Behind X 2D 7 B4 Mft Mft 14ft— %
43* 29% BPIlSa 2JA 53 12 BIX 40ft 40% 40ft— ft
34% 21% BetoAH M U 25 157 28 27ft 27ft— ft
25% 12ft Bemto 1 M 1.9 17 97 23 22% 22ft + %
57ft 28% BenfCp 2X0 4X 10 1188 49% 49 49% — ft
38 genet pf 430 9J 2 43ft Mft 43ft- ft
26% 23 Benefpf 2 SO 9a Mz 24 26 26
6% 2ft DMIB .12r 2.9 10 171 4% 4 4% + %
5% % viBerkey 25 ft ft ft— ft
31 47 9 8ft 8ft
25 1950 19ft 19% 19ft + %
„ _ _ 4 59» 2D% 20% + ta
8% 3ft Cstam
12ft CoostS L AO Z6
8 8 — %
15% 15%— ft
Rf 1X6 12X313
9
30 13 U 416 30ft 90
26ft 23 Belief pf ISO 9A
6Vb 2% senate .12r 2.9 10
5% ft viBerkey
17ft 5ft Best By 31
19ft 6 Best Pd 25
25% 9ft BethSfl 6
55ft 29 Belh5rpfSD0 10D
27% 13% BttdofB 2X0 10X
14ft 4ft BmrlV X5I
21 12% BevlP 2.14*165 9
28ft 9 Bfacft __ 12
23ft 10ft BlrStl s 30 1A 9
24% 13 BlacfcD A0 1 3 IS
28% 19» BIttHCp 1A0 5 2 11
10ft 9ft Blkstn n Jft ,f
38ft 21 Coastal Jtt U 75 572 32ft 3Zft 33*
34% 24ft Csttpf 2.11 S3 IS 31ft 31ft 31ft- ft
48ft 27 CpcaCI IX 2D 16 5770 *3ft 42V, 42ft— ft
IBft 10% CocoCE JOB A X S097 14ft 13ft M + ft
9% Ift vreolec 222 1ft 1% %
43ft 26ft caterer IX 11 11 52 3M
51ft » Cote Pol IX U422S48 «ft — — w -r «
17ft 10% CofF* .16 IX 15 132 14ft 14% 14ft + %
10 9 Col I HI n .15* IX 87 Tft 9W 9H + ft
Tft 7% CoJMu 39 8.1 243 9ft Tft 9ft
Sift X* Cot Gas 2X0 53 M 1052 34ft 34ft MU— %
16% 6ft eelPIct 48S2 lift lift lift + %
10ft 5% Calums X 13 146 Sft Sft s%
10ft 5% CalSvpf 5 8% Bft m
A 20 AW7 14% l-H* ,4 + n
222 1ft 1ft 1%— ft
11 11 52 Wb 38ft Mft— ft
13 42 2S48 «ft *flk 4Sb + ft
If 1.11 U 7 88 28% 2BU, 38ft + ft
JF IX SX 11 464 23ft 23 W 23ft— ft
2A0 OA 9 78 27ft 27ft 27ft
2X0 44 12 5533 44 45% 45ft- ft
10 398 SSft 52 52ft— ft
42 35 17 342 17ft 17ft 17ft— %
M 23 5 125 24% 24ft 24ft + ft
IX 42 21 29% 29 29
l« 43 21 2
X 13 13 294 12%
48 14 14 324 19ft
14% 6ft Cel Piet
10ft 5% Calums
10ft S% CalSvpf
1 A IT 137 1716 17
R ISb 12ft— %
IBft 19 - ft
2ft TV- 2ft
8% 8 8
45ft 22% CfflOEn 1JO U n 230 30ft 30ft 30%— W
jDO I0D 1 50 50 50
L50 10X 40 34ft 54ft 34ft + W
•051 509 5ft 5ft 5ft + %
L16*165 9 87 13ft 13 13% + %
IZ *15 9b. 8ft 8ft— %
X 14 9 408 22 21% 21U— ft
40 IX IS 383 31ft 21% 21ft
L40 SJ 11 19 26ft 26ft 36ft
X9P .9 794 10 9ft Tft
34ft 20 BtCkHR 1X4 34 17 441 28ft 28ft 28ft + %
23ft 14ft BlueArn .14* 3 llOi 15% Mft 14ft— %
8 4ft HlueCtw .17* 32 64 5ft 5ft 5ft + %
64% 33ft Boelna 1X0 2J 18 3313 43ft 63U 63ft + ft
50ft 28ft BaiseC t IX 3.1 8 «M 44% 44 44% + %
Mft lift BOftBer X .4 M 439 14 I3ft 13ft— »
lift B Band n 4 B% 8% ,|% + %
36% 12 Comdls 33 1.1
33 17 CmcCre X U
14% Cm Mjrtl 44 15
13ft 4U Comdr*
31ft 22ft emwE 3X0 9X
31ft 23ft CWE pi 142 44
20ft 16% CwE pr l.PJ 10D
,21>« ,17ft CwE pr 2X0 iai
JMW CwE Bf 123S 110
U% 75 CwE pf BX IM
“ Oft CwE pr 2J7 7X
»ft Bft CnEpf 2X7 IM
33 TSft CereES 2X0 9X
7% 3% CnnUHl UH 382
5? S Comspf IX *3
s! J* IX
78% 34 Corr»«a
34 1.1 42 629 214b 20ft 21% + ft
28 U 12 1676 23% 13ft 23ft
44 15 9 E 23ft 23ft Dft- ft
7 573 18% 10% 10W— %
3X0 9X 8 1306 30% 30Jb 30% ,
i« <* 1 30ft 30ft 30ft— ft
11 19 19 19
9 19% 19ft 19ft- %
10WWV, 106% J 06% +1
601 77% 77% 77%
3 24ft 24ft 24ft— ft
IP 96ft 26ft 36ft + ft
2X0 *5 8 136* 29ft 27ft 29% + ft
373 3% 2ft 2ft— ft
170 Z7ft Z7% 77ft— ft
1-34 129
1.24*27
ft 2% 2%— ft
ft 1% 1%
ft Pft H*
8ft 9
19ft 9ft B*rtlC n 1.13*62 533 IBft 17% 17ft— ft 14% 5% CmeCre 40 45 10
IX 16 1511 22% 22% 22ft— %
11 1843 u<u - P* a*- a*
58% 37ft Bert ten IX* 25 14 926 54ft 54ft 5fb + » 37b, 75% CsnaAte
21 7ft Bormns X5I
uft urn B Celts lXOe
22 T2% Basted 1X2
99 82 BesEpf 8X8
S 140etl4 9 13 14 13ft 14
'd 1X2 11.7 11 9008 15% 15ft 15% + %
pf 8X8 10X lUk 04 83% 83%— ft
* bft CmpFcT
73 38 CamnSc
’w*
10% 81b Cerestk n 26* 27
1843 S6H 55% 55ft— ft
42 8ft 8% 8%—%
294k 27ft ZJft— ft
15ft 15 15%
4BW 48ft 48Vj— %
237 M 13ft 13ft + ft
1557 9ft 9% 9%
1X0 3J 13 2003 30ft 29ft 29ft— %
150 3ft 3ft 3ft- ft
874 5ft 5ft 5ft— ft
X0 <2 10 460 19ft IBft 19ft
2.12 7J 10 23 28ft 28ft 28ft— ft
X0 OX JOOz 6% 6% Oft + ft
2224 IB 12ft 12ft
1X4 SX 10 17 23ft 23ft 23ft
Ji 34 15 195 18ft 18ft 18ft— ft
XO 3.1 M 173 26 25% 24 + ft
248 17 1042 37% 36ft 37 — %
X0 45 34 38B 17ft 17ft 17ft
-4*5*10.1 5000x 46 46 46 + ft
1X0 lit) 19 228 9W 9 9 — %
9 6ft Oft 6%— %
44 1234 17ft 16ft 17% + ft
IJS UL3 732 17% 1«% 17 + ft
43 1676 17% 15 15ft— W
3b 20 19 IS 28 27ft 27% — %
.14 IJ 15 71 12% lift 12 — %
U1 10X 5 22 22 22 — %
IK 11.4 a 9 tft 9 + %
1X8 W 17 *12 33% 32% 32ft— %
Q Month
Mat Lor Stock
DtoYttPE BBjjRUv fleet OM
Sebuw Stock Oto-mPE fehte nLow SSoto*
M HMDs ’« “§ *S §ft ^5
| jl 5 ! mtKt bl^“ '
18 % 10 % HnteCe ~0 II 3 W5 IJJ* '■J* ijj* + l
si asis. 0 ’ 1 ” “ 7 r, is a s ^
2* EJSSmT. 30 14 9 1342 14ft 14ft 14% -
9H 2% Ewltbc JMJ .19 S) W » ...
39ft 15% Erbmnt A0 U 4901 3Mu B% 30% +lft
43% 34 EskBus X8 2* 12 32 33ft 23ft 33ft + M
36 13ft ESOxCb S 52 14 77 35ft Mft 35%
19% 7ft EstrUe 101 M 13ft 13ft
26ft 15 Ethyl 44 2D 13 863 22% 21% 21% — ft
17 13% EXC*ter 1D7* U S 15% 15% 15% '
49% 33V. Exxon Z» 3D 11 12243 4*% 44 44 — ft
ftMento
hmmjbm stock.
Bte mpf wt Htonvw
' ' ii s%
13 1.1 ii’*
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7716 Mft
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59 24ft
17% 8%
37% 26
15% 7ft
a 35V.
9 X»
14 7
17% 8%
14 6%
14% 6ft
HV4k
10ft 4%
29% 17%
75% 15V.
170% Q
aw 27%
50% 25
17% 5
26ft 11
54ft 31%
22% 17W
23% 14W
-40ft 17%
291 m 13V.
16ft 7ft
22 lift
Tft 3%
17% 9ft
14% 10%
38ft Z«%
29% 17%
48% 20V,
9% Aft
12% 10ft
1DW 4K.
72 16
35W 16%
25% 21
Mft (%
40ft 33
33 2S
75 62V.
SVb 4%
55% 35
27% 22%
ft %
77% 34
l«% 7%
12% 7%
24% 16%
25% 16
32% 21ft
| 4)% 30%
. 29% 17%
13%%
> Vb M
' 3 T% 72
I 29V. 1«%
; tv, *%
. 68 V. 39%
; 37% 29%
. 49% Mft
7% Zft
22 15
: SU 11
| 19ft 5ft
M 3L6 21 » 25 Mft Mft
<50 9.9 120Z45W <5% <S%
<53 65 301 70 70 70
7X5 1QJ 1501 72 7Mb 72 +1
732 IDA IOCS 74% 74% 74% + %
748 1CL5 1001 73 73 73 —1
2D8 55 29 1301 31 37% 38 + %
2*0 67 10 581 38ft 38% 38ft— %
D8 IX B705W5 9— %
114
10 247 4% 4% 4% + %
23 T272 3tft 31 21%— ft
119 4ft 4ft 4ft
1X9*113 40 11% 11% 11%—%
.701 3424 8% 6% Oft— 1%
1X0 3* 13 192 Sift 50ft 50% — %
JO 13 14 2005 24ft 23% 24 + %
JO* 3 9 4 14 Uft 14 + %
2X8 9X 15 Mft 26% %'*—%
68 S3 13 217 13% 13 13% - %
1X8 25 12 381 60% 40 60ft
ID U S IS 31% 31ft 31% + %
75 6% 6 4% + %
DAT <X 9 22J 6 Sft 5%— ft
.02*153 4 20 4 Jft 4
7 1 Uft Uft 14ft— ft
.90 73 12 179 31 30% 30%-%
19 2469 70% 49 Wft +1
32 23 U 34 32% 32ft 32ft + ft
JO SA 3 IBS 14% 14% 14% + ft
1X1 10J 71 17% 17% 17% + %
2J5 110 3 98 97% 91
12 166 38% 38% 38% — %
30 J 16 86 23% 23% 23% — %
JO IX 6 S 43 % 42% 47% — %
246 5% 5% 5ft
: 30% 19%
1 8% 3ft
1 54% X
; 18% <%
15% 12%
61ft 32
21% 9%
, 37-- 18%
1 J3ft 6
■ 34 12
i 101b 10
: is u%
tf% tow
6ft 4%
. 29 17ft
; oo uft
! 5% M
• if- 2'
36% l*'s
Mft 7
FAIlnffl
FGIC X4 2 B
FMC 12
FreC Gd OSe 3 13
FPL Gp 130 73 10
Fair end 30 1 A
Ffltr<pf 3X0 9.1
Fofrfa
FamOIr D2 22 16
FarwriT M 5*215
FarWst XC 4X 5
Fcrah 278
Favor* -Zte 2D 11
Fatten -32 11 15
F«d*rpf US 6J
FeOExp 12
FdrtmpfS-U* 3D
f areas ua u M
FedNM J2 U I
FdNMwf
FedPBs X4 33 7
FPappf 2X7 7.1
FfdRtty 1X2 <4 46
FdSKrf JO 4X a
Ferro 32 XI 12
FVJcrsl M 30
FUtrtk At 40 M
FlnNwi IDS* 9X
FnS Bar .M 2X
Flnertm 2X5 1A3
Flnvsio .12 .7 17
FlrvFd 50 15 11
FIBkSy 1*4 70 B
FBestn 1D0 Zl 12
FBMIF JO ID*
FBasSIn A*r 33
FConHd 5
FCHdpf 2D6 95
FstChte 1X0 Aj 9
FCtyB n
FtGty
FFB ZOO 5.1 28
FFBpfBZIS 6j
FFB pfC <00 55
FFlnFd .18 U
FliWste Z92 5J
Flntst nf 2J7 *2
FlnytA
FtinktrfB
prreiss -2< i* *
FstPo 12
FstUC J U I
FUnR) 150 23 M
FtVaBk L12 <5 9
FlWocn 1J6 05 10
FtWIsc IDO U 5
FstFedS ■
Fhchti
FttNars 1.17 <4 12
FINr oiA 2J0* 42
FteetEn At 23 10
FUmna IDO XI 17
FlsmSs ,U A U
Fleet Pt
FKjEC 200 J 2D
ROPrp 2X8 72 9
FtaSfl 1D0 Z2 M
FlwGen 10
Flowers X» Z* 15
Fluor XS* .1 ID
Fcodmk 13
FdoUCs I DO AJ 13
FtoinG 30 24 *
FardMS 140 AT 5
Forma, 7
Ftoecr 1-36 95
FtNewd 130 22 21
FOltWh At 13 19
Foxcra
Fronca 1J601AJ
FmJtS* -24a 1.1 9
FtkUnn
FMEP Z20*!Af 54
FMGC <25* A U
FNtOG J7*17.1 4
FMCCn XS* 1.9
FrvfMc Z63* 93 I
FrptMonX7 45
F MRP 2*5*112 19
FninfB
FrMpfA 1J8J 92
Fuouo 2* .7 J
FurreB 1J0 IA9
102 U% 14% 16%— ft
4 19% 19% 19%— %
1142 36% 33% 33%— ft
46 11% 10% 10%— ft
1183 31 30% 30ft— ft
1672 IS M 14%— %
531 40 37% 39%— ft
W JH ft ft
507 15ft Mft Uft— ft
i raw low iow
90 9Vb 7 7% + Vb
44 lift 11% 11% — ft
535 9ft 9% 9% + %
612 10% 9% raw + V,
a 3k 27 27W + ft
1191 48 47% 47ft— ft
BVi 4% HrtratdF i
117ft 78 Hondo i;
03 49 HORwell Z'
18% 7 HOPrtal
69ft 51 HrenBn Ij
4% 2 Hortren
Oft 2 HreHit
.25 SX 4 34 4ft 4% Aft
51 HmBn IXOoZJ 13 104 6»b Mft Mft ;
i 2« » 1% Sb + ft!
n* uri n 17 1310543 AJft 43 6?%—%
7lk 4%
18% 9ft _
?SP 3 I 33 sb
471b 28 Mnnpf **•'** ■ i»ja Kb 1ft
J% 1ft vIMornrl a 1 -**27? 2=?; a
r«sssw , »
t iftSSsir 1 “ n ,* Jigs
m
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10ft
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20W Houore & T X a « » *5 ?- ft
M 10% HooFob At 3D 10 223 MW « ft
60 32% MouSInt ZM 3* 9 7*2 »ft 58ft 58% + ft
V& 59W 58% 58% + ft 230 103ft MP>%,
SIM 1I» 117 MU 6% reottei
w xm rwiaiiu MM * .ii m 4»7
118% 83% Holntpf 6X5 S3 3 117 1j> ^
34% 26% HOPlnd Z«6 1X1 8 13» 29% 29% 29%
3% 1% HOUOR .16*11* 7 1% 1% ft
14% 7ft Horace 33 13 25 2 gj* Jft ,*ft * ft
19ft 10% Huffy* 33 Zl 1* 674 ft fttS
W% 13% HuphS* 23 IX ,9 ,206 2S + to
28% 16% Human 31 3b )7 )«£ 24ft isw + w
28% 16% HWHMf D U » 3 CTJ »% + ft
36 22 Hvdral 1X6 SX 13 18 28% 28ft 28ft— %
iK •tCSESo idmiij .* ;3 g «b
13ft 6 Mexus * , Jft Jft ft? *•
fissVffi 'IS ij iajI 3% 2^ % ;jh
28% 1*% Human
21% 16% HunlMf
36 22 Hvdral
1731 48 47% 47%—%
343 13W 13 13 — Vk
1143 W% 19 m. + %
1143 W% 19 19W + Vk
7 40ft 40 40% +lf
25 20W 20% 20ft + ft
34 20% 20V. 2DW — K
884 35W Bft 33 +YA
961 23% 22 22ft + %
13 7% * 9% + %
24 13ft 13% 13%
n » m m
121 14 13% T3%— %
14 13% 13% Wk— %
804 3ZW 32>* 32% + %
918 21% 21 21 —ft
*61 47% 46% 46%—%
390 BW Mb 8%
20 1Mb HW 71%
240 5% S% 5%— %
10 21% 21% 21%— W
492 34 33% 33%—%
9% 23% 23%
0% 10V, 10% + %
176 99% 79 39%—%
22 33W 33W 32W
6 73 73 73 + %
WQ 7% 7% 7%
*90 50 49ft 50
2 35ft 25*. 35ft— Vb
1543 % Vb % —
28 36W 35ft Bft— %
92 14% 149b 14%
Ml T7% 12% 12W + %
053 22% 73 73 — %
201 lift 18% U%— %
46 25% 26% 24% — %
404 39% • 30% 39%
» 26W 36 26 — %
4 IF* 17% tTVb + Vb
124 20% 19V, IfVj— %
2026 27 1 — 2k% 26%
4 37 37 37 —1
5W 14W 23% 24% + %
135 32W 12% 33% + %
725 25% 24W 25 -bft
149 7% 2% Jft + V>
21 90% 99W 99U>— %
195 34% 34% 34%— %
*9 <JW 4JW -MU
26 6% 6% 6%
153 18ft 18% IBft + ft
1069 21 28% 2D%— %
571 18% lift lift— ft
92 25 21% 25 + ft
MM 1% Bft |%
28ft 18ft IBPn
40W 22% JClBd
13% 8 I CM
12% 5% ICN Ph
25 20% lEInd
43W 22% tMCFn
*a 4* 14 278 13ft 13% 13ft + %
J6 33 16 3530 ZJrt + ^
4JW 22’-. MOVDS I* U JJ
27% 17 Mo*** 30 M « S.J*
2K-3 1BV» McDrpf 130 JJ ; "5
25 20 % rerOrot zoj »«.l ”
27ft 13 reegrni 1X0 9.7 52 >•* . .
- n ikh UFfyi Mt i M 6>i 7 4i
«w sw recSa jooxi n 62 6% 6% «%— u
in* McDnl M 13 15 3642 47% 47% 47% + %
nv, 54V5 MCOnD Z36 lb W UjJ 7J% JO J2t
79W 43 MCOrH 1 6* V 20 2286 **ft 68% **% + W
43W 22% rMC Fn *3e I* to Ml
18 14% INAln 1X8o 0X 7
24% 17W IPTlmO Z72*12X 8 90
18% 12% IRT 1X0 7J 12 39
68 41ft ITT CP IDS 2X 6 1731
W2ft 73% ITT pfO 5D0 6D *
26ft 19 htatteP 1X8 XI 72 153
39k 1% KfeQiB 477
7 16% IllPowr Z64 1<1 • 9225
21% lift IlPOWPf Z04 11D 6450
19 llPowpf Z» 9.9 290
= 19 IlPOWPf Z13 KL» 600
Eft 19% llPowpf 221 11D 100
25 20ft llPowpf 735 100
43% 34% IlPOWPf 4.17 103 IOC
43 Z7ft llPowpf 3D9e10J 109
44% 37 llPowpf <47 11D 10Q
9% Tft M.
7 J* 2 + (t
OV, 22 23 — V.
mt 21 rereo
3S*b 19% M%r*
30 ID 15 1489 27%
<1 37Tb 37tk— % 21% 14 Mptfi tr l.W to* U
7 ml 17 17% 101% 64 MPdtrn 1J0 U W
90 22W 21% 22 — % <6% llWMMUMn
39 17% 17ft 17%—% 43% 22W Mrtlon 1X0 AX
7J 15 39 17% ]7ft 17%- %
Z5 6 1731 «_ «% 49ft— %
it 0 79% 79% 79%
Al 22 IS ^ ^ + **
472 Jft .2% to ,
101% 64 MPdm 1J0 lx 12 \n *4% 64
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.is* 3j * ’w *«5 “ I (Continued an next tefr-hmdpflge)
V 7
People
JtmliQESribunc
BUSINESS/FTNANrF
for creative tasks.
Panasonic,
Office Automation|^^
^
Thompson Drives Away
With Ford Down UmJ
By GERALDINE FABREKANT
N EW YOP ST NeW ^° rk ' Tima Service
ha t^ 011 J - Walter
rag for New 7 j»i*«? e ^ 011 additional adverds-
estimated ^ Anstr ®to The budget is an
worldwide Ford adwniri? 01 As a ®®sult, the agency «na its
budget of $200 mflKou. S “ mvolves 15 countries with a
consolidating oof W ***** boBn P^ty much
E“
*fa*ertoha ldleits v ^ D J —
Ford has been
Page 11
Revlon Restoring Erstwhile Magic
The Focus Switches Back From Health Care to Beauty
Hv T inrln n;»n. r~ *'
-'w uouujw na
« adwrtising, exop,
west cennany and Finland.
X n wf” ^dled by Y '
over the
past year and a half
r- worldwide. Y&R
is also responsible for Lincoln
Jfewny m the United States
and Ford business in Canada.
0,3 to New
Thompson; the l ^SmbCTL^M I rS^ln^ eWcd the woric °*
OgUvy & ^ther. ? ecdham „^ V 9 rldw ide; and
account in Australia™ 5 Rnbica:CQ bas a conflicting Mitsubishi
aboot Eoropc," Yves de Kmodan, a
«£*™=d CIS. 1 ' 4 ' The agency is
"■C
” designed to publicize new
toS^cS^^LSitiS 811 JnOfa a s *? tem ^ f “re and
soon and run until 1992, it said. bnriness ““tonges would start
O SSTK WffiKEND, Thomas Pdlock, chairman of
MCA Motion Picture Group, received some good news.
in the MiS ^ MCA’sUmvasal Pictures, “Gorillas
'nlrif 1, wtoh was nuts second week, was doing very wdL
The film - based on the life of Dfcm FossaT^TSS
rouoct said, in part because Sigourney Weaver is not a mairw
and the plot is not “high concept.” That is HollySSS
shorttand for a film that cmeasfly be^dbedin one sentei^
' ^ research showed that the film’s greatest
would be for women older than 25. But to make sSe the
a mdt «”*> aaacd *
^ a jnamed photographer. With women older than 25
^ytoe soap operas,” Mr. Pollock
™rt«r P 130 tonotwn of a woman choosing between career
a divorce in order to many her.
i®*™ 0 “I 50 «eated a more action-oriented commercial to
SSow. 00110 ** lhC mOVie ' 11 town on morning
Universal also prepared a ooe-mmute commercial that ran
natKma^tm tte opening night of the Olympic Games. “That
spot emphasized all action elements of the film,” Mr. Pdlock
said, adding that he thought the ad was crucial to the film’s
success last weekend.
By Linda Wells
. York Tima Service
NEW YORK — A woman
strides into a department store
and makes her way to the cos-
roetics area. She dodges a man ^
a amna- jacket spraying perfume
mtothearr.
She passes a salesman in a lab
coal chitdnng ajar of cream, and
coiner waving a comp art of
multicolored eyeshadows. Never
mmd the ladylike clouds of rank
powder and floral fragrance —
this woman has entered a war
zone.
Revlon has its aTTTrnimtHr^
ncmly fined iy: Tbere is the 1 m-
to* with microscopic sponges
that release pigment and mois-
t*ne whenever a woman purses
her lips; the dainty perfume with
me ominous name, Trouble; the
dear nrascara; the powdered lip.
stick; the 464 shades of nail lac-
quer.
These products come pack-
aged under Revlon’s own Iabdas
wefl as a host rf other brands —
M** Factor, Gennaine MonteiL
Cbadra of the Rftz, Halston and
BQl Blass, to name a few.
Behind this array is Ronald O.
Perdman, the dgar-smoking fi-
nancial wizard who acquired
Revlon Inc. for S1.9 billion in a
fatter 1985 battle. The company
Mr. Ferehnan bought was far
stronger in legend than in reali-
gtlts beauty division was foun-
dering and the company seemed
more inclined to rfmnfr from
competition than rise to it.
It had lost market share in the
toedy competitive $9 bflKom
cosmetics industry. Its advertis-
ing was considered umnemora-
ble, and its packaging was
viewed as unimpressive. And the
ooaqnny's relationship with re-
tailers was, to put it poHtdy
strained.
Yrt in the past two years, Mr.
mdman has begun to bring
back (he magic that once made
Revlon the leading c osmetics
company in the world. Be has
scored several hits with innova-
tive rww products, he has masto--
- a dcd aneyc-catching advnrtis-
IftC Pfllfinoitm am4 k* k«. J-. _
a
Grand Stalks Pillsbury
With £3.1 Billion Bid
R^OFtetaan of Revlon: “Dk sJSXm
to best and most recognized brand names in to worid.”
string of successful cosmetic ac-
quisitions.
w While not a cosmetics expert,
Mr. Perdman has put new life in
a company that has had Its ups
and downs since the death of its
founder, Charles Revson, in
1975.
w What Perdman has been able
to do in two years is incredible,”
said Allan G. Mottos, an indus-
try consultant “The beauty im-
age is being restored to Revlon.
But if s going to take a long time
because it took a long time to
erode.”
Challenges remain. Revlon is
squaring co against formidable
competitors that are run by sea-
soned veterans of the mwnwinf
business — Estee loud er and
Lancdme in the department
stores, Naxdl and MaybelHne in
the mass markeL
Revlon faces a tough future in
solidifying its position in the pre-
carious business of selling cos-
metics in department stores, .
rather than through its tradition-
al drugstore and mam market
outlets.
And it most begin to reorimt
its product line as the baby boom
generation ages and becomes
more interested in skin care and
wrinkle creams than in tradition-
al cosmetics.
Mr. Perefanan began this stag-
gering task with a symbolic gre-
tme. On Jan. 2, 1986, two weeks
after he moved into the executive
suite at Revkn, a 30-inch ( 77 -
centimeter) bust of Charles Rev-
soa was dusted off and placed in
toreception area down the hall
That bust had been locked in a
aos et duri ng the reign of Michel
C. Bergerac, a financial man who
analysts said was responsible for
downplaying Revlon’s beauty di-
vision and steering the company
See REVLON, Page 15
«P
j Currency Rates
CrawRatm
■(a)
ftunMorf
i(b)
*
UM
3*55
149
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1150
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1403
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6.155 2JC9 1
02936 OU42-
10733 245*50
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746T7 144642
02271 1J06J9
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17607 140076
205K 173271
rM " Sa m otnartxnfv * ***” YOr* dosing rates.
Ou, one pound.- c: To buy one Mlar; *: Units of W; HQ.: not
Other BtHwr Vahw
Cerreaar Pars Qhtmct
SAS Unveils
Accord With
Texas Air
Caiqrikdbf 0* Staff From Dbpatcha
a .yO CKHOLM — Scandinavian
Atdines System said Tbesday it
h^ amed to pay Texas Air Coro.
$50 muhon as part of a cooperation
pact that also gave it the right to
— take a 10 percent stake in theHous-
4j5i • ton-based company.
An SAS statement said that the
agreem ent involved joint facilities,
By Warren Getler
lm emotional Herald Tribune
LONDON — Grand Metropoii-
t* 11 PLC, the British beverages anfl
food conglomerate, on Tuesday
launched a surprise £3.1 billion
(S5.26 billion) hostile bid for Pills-
bury Co., the American food and
retailing giant that owns the Bnraer
King chain.
Flush with over $2 billion in
from the sale Friday of its Inter-
Continental Bolds chain to a Japa-
nese company. Grand Met said it
was offering $60 a share for PQls-
bmy’s outstanding stock, in the
largest takeover offer for a TJJS
company by a British firm.
Pfflsbuiy has faced several diffi-
culties over the past year and has
for some time been the subject of
takeover speculation.
While Grand Mel’s offer was a
more titan SO percent premium on
Pjllsbury’s closing stock price
Monday of $39, causing an imme-
diate surge in the stock Tuesday,
the trading price (fid not exceed the
bid. This suggested the market saw
the bid price as fair. Pillsbury stock
rose $ 18 JO to dose at $57.50 on the
New York Stock Exchange.
Analysts noted that the offs
price rates Pifisbuiy at 21 tim^
historic earnings.
. PHkbnry said its board will re-
view the offer “at an appropriate
time" and urged sharcnolders to
take no action in the meantime.
Allan Sheppard, chairman of
Grand Met, said at a news confer-
ence that the proposed takeover
was aimed at gtwn g the British con-
currently capitalized at
£4 billion, the “critical mass” to
become one of the world's “greatest
food WWfflttntJOfl "
AT A GLANCE
PjBsbwy Co.
ARdoflw- amounts hi moueends.
per there ttoa
Tbraa month* andwt
£“* 31 3*00 1007
31,480000 Si .460.000
“**«*» "• 71.400 56.800
Eamtaeoporotara SM3 S0.66
YMTMMJad
T** 31 1*08 1907
£*«■«• 16.190.600 Sfl.127.SH]
69JOO 181^00
Ewata g aparM— SOJi S2T0
Main Lkwa of BoaioMs
ConWtxnaon to 1985 revenues
ConaumarRxxfa . 58*i
R a tfui ama 42>.
Total 31 .1988 S3. 840.000
CufrwrtaMatt 1,312^00
CurTwnriabSWes 1.305,100
Long-tamufebt 948,100
Book value par stiare.
May 31 ,1888 * 10^3
AoJtnri.1
A<ntr. ictiK.
Mk.Bn.lr.
Brazil cm.
M
p«ri
B00
U666
1307
39-30
3086
U0B
Graeftdroc.
Pars
43*3
15100
HaoaKoaas 7012
IMtonnjpM I4J6A
tmto-raptah 170UB
«r»* 06M9
jyvon* 37221 lirnsll ibak. 1Z455
knma 7.150 Kuwoffidlaai- D5H7
eayptwmnd 20129 Mom. rim." zsn
New York rates unless marked- (local roiej
K
«W MMtoy JB-day
1007 UU1 IjMBO
13376 13200 13200
10576 USB 10471
c manor Pars
Mulpm 2290M
N-ZaatondS 16299
Nla. naira- 4.1033
Warw. krona 60S
PMLpaao 21333
Pari c ic ada 15350
Saadlrtyar 27503
Shw.1 2036
s. KtT. BN 71600
Pars
LAIf.iM 249
SavtatraUa* 06282
Span. pesaK m pf
smAknaa 03045
Taiwan S 2093
Thai bakl* 25495
TnrttWiUro 166077
UASdMmm- 34729
-hoHv. 3050
ground handling, marketing and
rales representation between SAS
and the two major U.S. carriers
controlled by Texas Air Eastern
Air lines and Continental Akfioes.
“In addition,” h said, “the par-
ties will have strong fhumriai and
management ties.”
The option agreement gave SAS
the right to buy up to 10 percent of
Texas Air’s common stock on the
open market or by tenders. The $50
nuthon would be paid in three in-
stallments as various stages of the
agreement were implemented.
SAS said the agreement, reached
* fter nearfy a year erf negotiations.
Sources: tndosua Bank (Brussels!; Banco ConemnMe HaHona (MUanJ; Banaue Nadonde mdn^ys first COm-
* Par/I (Paris); Bank a f Tokyo (Tokyo); imp ( SON) ; BAU (dinar. rtyuL Orton,); GasOonk Prehenave, global affiance between
(ruble). Otaerdata from Reuters antf HP. Iota iMinr - ~~ - - ■
. Pouad StarUoa
UH7I
1J350
12T20 10133
15600 15630
i
Interest Rales
]
Eurdcni'rem) 1 P e p *aK*
Swiss
Dollar D-Mark Franc
1 month SkrOHi BOMBh IMh
2awnVu OU0H 4»s 1MH
1 months IMS IMh 39b-»
4 months 8«r08k 5twdh 316-3fk
* tar IMh SY.-5* 39b-4
StarOnp
n?M2
llb-li
11 Bfa-Ulh
1110-12
11 y«-11 *w OHrOk,
71W%
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4Mh
4 hr 4%
0cl4
ECU SDR
7«r7h 69k
71 WVi 7
71MH 7Vt
7»r7>K> 714
nh-716 71k
Sauran.- Morgan Guaranty (Dollar. DM. SP. Pound. FF. yen); Lends Bank (ECU); Reutars
(SDR).
Boles onaKaaMt to tntartank deposits at SI admen mkthmm (or emdvdkatt).
Key M— eyBateo
Class
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Wscoaslndt
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750
000
to
m
45716
4 S/16
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500
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US
iU
530
Oct. 4
Vh
1000
13716
750
707
743
700
000
2b
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414
JVi
509
405
US
125
530
Hilan Itillar Brpoilti
ih-io
iu-m
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Bah-Oah
Source: Reuters.
OtL 4
Cag m aow
bdamiitaanM
coflnenav
4 awotn inUrtoML
1190 1200
in* nvk
1100 WB
I2JBTI U716
70B 700
.711 713716
7H 79716
716 71171*
000 100
Sources: Reuters. Bat * or Tekm Coat-
nwatank. (MM Lvomus.
PA M omyMBtot
fleid
MtfTUILnwhltaadyAnals
3*0ay avaraya yWd:
7J1
Talarate Intaratf Rntc Index: 8084
Source: AtorrUt Lynch, Tol era t e.
j Gold
two major international carriers.
Continental currently has service
from Newark, New Jersey, to Lon-
don and Paris, and from Miami to
London. SAS has service between
Scandinavia and four U.S. dries,
New Yrak, C hica g o , Los Angeles
and Seattle.
SAS has been seeking partners
and affiliations with other camera
to make itself more conmetitive for
the upcoming deregniahon of Eu-
ropean airlines, which might enn^lr
it to add additional routes to the
United States.
The agreement with Tesas Air
may also hdp to persuade Conti-
nental passengers arriving in Lon-
don or Paris to connect with SAS
flights to theahfine’s extensive net-
work in Scandinavia.
It also gives SAS access to Ccmri-
nentaTs new terminal at Newark. A
. similar arrangement is envisaged
for Eastern’s temwiuj - at J ohn f.
Kdtitody International Airport in
New York, after renovations.
The SAS chief executive, Jan
Carbon, has said hen - ■
the c om p any one of
five mimes. Bnt die i
home market of 17 mOHon
is considered too small for
succeed with it alone.
A combination of Grand Met
and Pfflsbuiy would have sales of
more than $15 billion, based on
reported figures and adjusting for
the sale of Inter-Continental
It would also reorient Grand
Met away from its d ominan t bever-
ages business, whose share of over-
all revenue would fall to 32 percent
from the current 51 percent, and
more toward food, which would
rise to 39 percent
Mr. Sheppard said he was pre-
pared to negotiate the price and
other dements of the offer.
“This is not a token shot to get
KUsbnry’s board interested,” said a
leading industry analyst in London
who asked not to be identified.
‘‘This is a pre-emptive strike. It’s a
full bid that has credibility largely
because of perceived weakness in
Pfflsbuiy management in the Unit-
ed States."
Ron Utileboy, analyst with No-
mura Securities in London, said
Don't expect a higher bid from
prand MeL It‘s either take it or
wave it They are paying a full price
and they know it."
Boo Morrow, food industry ana,
lyst with Smith Barney, Harris
Upham & Co. in New York, said
the Grand Met bid was an “aggres-
sive" move that stood a good
chance of Minress.
Pillsbiny, which has experienced
a management shakeup and has
hem straggling with some of its
lood-retailing businesses, had sales
of $6.19 billion in the year ended
May 31.
Ou Aug. 1. Pillsbury named the
former General Foods Crap, chair-
man, Phillip Smith as its chairman,
president and chief executive offi-
ce-, in a management shakeup that
followed poor ratings by analysts.
Criticism at the time wasfocused
on inconsistent management of the
group’s restaurant business, partic-
ularly at Burger King, the world’s
second largest fast-food chain after
McDonald’s Crap.
The British conglomerate said it
has substantial experience in food
manufacturing and marketing
through its British-based Express
Foods subsidiary;, and it claimed
that its management of more than
5.100 pubs and 280 restaurants in
Britain provided the group with
ample experience to run the Burger
King chain successfully.
Some analysts, however, said
they thought Burger King would be
difficult to turn around.
Grand Met said its tender offer
for the Minneapolis-based food gi-
ant is valid only if Pfflsbuiy wire-
draws its “poison pill” defense ve-
hicle: a contingent, preferred rights
plan for Pillsbury shareholders that
allows them to purchase Pillsbury
stock in the event of a bid at half
the market price.
The British company said that it
had initiated a civil suit in the Dela-
ware Chancery court that chal-
lenges the validity of this defense.
The bid for Pfflsbuiy confirmed
speculation in London over the
weekend that Grand Met would
use the proceeds of its Imer-Conti-
nental sale to Saisou Group of Ja-
pan to help finance a major acqui-
sition in the food and beverage
sector. Cadbury Schweppes PLC
had been considered the prime can-
didate.
Grand Met said Tuesday that the
hotel sale would yield a profit of
$900 million.
In addition to the $227 billion in
gross proceeds from its hotel dis-
posal, Grand Met said it would
finance the acquisition through
several other means, including a
one-for-seven rights issue of loan
stock worth £479 million. Follow-
ing the announcement. Grand Met
stock fell 32 pence to 454 pence on
the London Stock Exchange.
In addition, Grand Met has lin^j
up a credit fatality of $3.75 billion
from four British clearing banks.
Mr. Sheppard said that a further
credit line of more than $2 billion is
bang arranged. Some of this debt
twD be reduced through eventual
disposals of Pillsbury businesses,
particularly among some of the
soup's restaurant operations other
than Burger King outlets. Pfflsbuiy
amffols over 5.500 Burger Kings m
the United States, some 85 percent
of which, however, are franchised.
Grand Mel, which acquired the
Smirnoff vodka label through its
$1.2 billion purchase of Heublein
Inc. last January, from RJR Na-
bisco Inc n is also engaged in a con-
tested battle with Pernod Ricard
SA, the big French drinks group, to
aoquire Irish Distillers Group.
; v -. ^.-7;^
HoaaKam 2*7 js
Hmew fao nr a 3*723
Ports (tUHk) 3*B25
Zurich 39701
London 3*705
NOW York —
PM.
31735
39806
3*735
3*830
ment was bromly favorable fra
SAS, though some questioned
whetiw Tern Air was the id«ii
partner.
“It is important for SAS to get
agreements with other airlines,”
said Johan Strandberg, an analyst
Ocl 4
cm
+UB
+ 3.15
+233
*HL5D ' — 77 V ~ "** — ou oiidiy&i
+250 with the Stockholm brokers Hazc-
+w lofc & POnshaeh. “Whether Texas
“ to best cne is more
otgsi tmg Kong and Zurich aeengtg and „u, ,«
desk* ork*$; no* Ye* agot market dose, aoie, although there are dear ad-
AU prices In US. t per ounce.
Source: neuters.
The greater your financial
success, the more serious the
implications of downside risk.
Yet the rewards won’t go away.
Opportunities will always exist.
In private banking, Republic
National Bank remains com-
mitted to protecting customers’
assets.
See SAS, Page 13
That means staying cautious,
even when your financial objec-
REPUBLIC
tives are within reach. NATIONAL BANK
Because when safety is ensured, r)|7 WF*W7 VTlRK'
SO is your reward. /ntTirinr f VIUV
Republic National Bank I SUISSE; SA
of New York. A matter of trust.
asafrabank
Page 12
#*
INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER S, 1988
Iuesda>s
MSE
Closing
Tobies include Hie nationwide prices
up to Hie dosing on Wall Street
and do not reflect tote trades elsewhere.
r.N*A tft
won low Stock
Wy.YW.PE
III.
WBHWiLPB
CM*
teot.Ofre
It Month
NUiLm Stack
□iv. Yia pe
St ,
n»snlgi Uw
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(Continued)
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40 25
11
16
<00 U 13
1.15# 53 6
32 2.1 16
A 14 t
.90 94
104 <J
541
100
294
64 12 4304
3 % Tacat
22% 9% Taller
64% 44% Tamed
37 12% Tandem
56% 2E Tandy
10% 12% TnaveH
14% 9* TchSvm
36U 20% Tekfrra
j J* 1% Talcotn
! 29 14>u Teicntn
i 382 243 Teldvtl
- 27% 1b TaM
■ 26% 10 Teirtes
64% 2 5 Tempi f
• 10% 9% TmpGl n
eXn 34% Temco
36% 13 Terdyn
15% 7% Tesora
28% 16% Tesorpf
STl 26% Texaco
0% % TxASc
35% 20% TexEst
3 O'w 3AV> Tex Inst
31% 22% TkPoc
31% 24% TexUtll
3% 4 Texfi
10". 9% Texfi ate
33% 17’i Textrns 150
9 4% That*
70 'u 12U Thai n
23* tO ThrmEt 18
63-* 41% ThmBel 144 35 14
24% IK* TtIQmln 48b Oil 13
22% 8% ThmMed JO 1J 13
11% V TMAMfl 130 1U 9
22% 10 The rind .12 1J 10
20% 3% Thartec
4 Tldwtr
14% Tiffany
5% Tkjrrln
318 79k 7* _
120 45% 45 65 — %
618 23% 23% 23% — %
28 7% 9* 9%
12 10 10 10
50 21 17 405 24% 24 24ta— V6
16 19% 19% 19%
484 44V. <5% 45%— %
1 170 170 170 +15
3^ 24% 24^ 2flh-%
£; + &
15 2044 14% 14V. 14V.— VC.
40 15 12 1524 41% 40% 41 — %
24 6 12% 12% 12%
11 S2 13% 13V* 13%
930 20% 20% 20%
9 1% 1% 1% + %
13 16% 16% 16% — I*
153 330V. 324% 326%— 3%
3295 22V* 22% 22% — %
440 15% 15% 15%
1298 52% 51% 52 — th
714 9% 9V. 9%
3306 48% 48*4 48%—%
1712 141* 13% 14 + %
393 12% 11% 11% — V*
14
21% 20% 20%-
- 44% 44% 44%—%
40 K % %— ?
uo
72
AO _
288 104
35 16 1183 25% 25% 25%
18 13 3996 40% 39% 39% —1%
W 45 14 30% 30V* 30th
2000 27% 27% 27%
426 6% 4 4% + %
10 9% 9% 9% + %
38 9
JO
41-
4%
4%
29
24
V
12 %
’a
PSMH
.PSNH Pf
IPNH pfB
PNMpfC
PNHPfE
PNHPfC
1J2 105
3 Vi vl
5V* Vll
3% vll
. 3% vl
27% 12% PSvNM
34% 2D PSEC
59 50% PSEGpf S38 98
77V. SSV* PSEGPt 480 95
04 7t PSEGpf 7 JO 9.9
86% 71 PSEGpf 780 108
08 77% PSEG Pf 80S 108
3% 1% Put»kk
46% 16% PRCem 800 L2
21% 17% PuoetP 1J6 9.1
9 6% PHICfl 85 103
10% 8% PICITn 181 10.9
10% 8% PMIITn IJ>3 118
10% 8% PMITn 1.10 1U
10% 9th PPrIT n 1.14 IZ2
6% 3% Pm
34% 7 QMS
3% % Qontel
58 31% OuakrO
27V* 13% QuokSC
14% 4V. Quonex ..... _ .
105 49 Quorum Z20 28 II
10% 7% QSIVI 180 98
9* 4% QitVC 719
30% 36% Questor 188 SB 20
23% 10 QkReily 84 a 11 0
13 ID Tit 7jt T*— %
2 RM * *d ■
U0 12 17 6118 S5-* 54% S'* +1%
80 38 37 6354 71% 19% 20% +1%
88* 8 11 356 13% 13 13% + % .
7T3 101 99% tooth + ‘A :
122 10% 10% 10% + V*
43 B*. B B7a + %
31 32th 32% 32%— !* }
12 11% IV.* 11%
21 * Thnkns
2% Titan
1% vlTodSh
13T» Tokhem M _
19* ToiEdpf ZSIalU
23* To/EdPt 2£t TT.r
25V4 20-1 TolEd of 284 108
27* 19V. TalEdPf 221 11.1
27- 19>4. TotE odltttTfeVU
7* 4% TollBra 7
a 7% Tonka
36% 20* ToolRI 230 J 18
37* 71% Trcnmk 120 19 10
24% IV* Taro AO 28 10
3% 1% Tosco 7
44 16 Tosco Pt 277 SJ
40% 22 TdvRU
12 T* Tmmel
37% 14 TWA
17% 14 TWA pf 225 148
■u* 22% Trcnsm 188 54 7
26% 21 T ranine 128a 98 11
14 Vj 10% TmCdOfl 88 «J
10 4% TmscoP 5
39 18 Tronseo U4 4.1
49* 37* Tmse of 4 JS 97
IC% 4% TranEx 88 144
4% 2>h Tronsen
99% 95% TrGPPf 864 17
24% 24 TrGP Pf 2fC 9-4
30 14% TmsTec 86 48 »
46% X* Trovtor 140 68 64
33% 20% Tricon 48«e2l.l
30V* 27% TriCnpf 280 88
49% 29% Tribune 35 18 18 2
37% 14% Trtnty 80 (6 33
<3% 20% Trmawo AUDI
17% 6% TrttnGs 3
23% 11% TrltEna .1 0b .7 10
77* 10% TrttE pi ZOO 98
59% 4»k- TucsEP 190
13% 7 TWfex 84
33% 171a TwInDs 80
36% 15% Tyco Lb J4
11% » Tyler A*
1420 24% 25% 24 + %
20 7% 7% TV*— Vh
170 13% 13 13% + V.
77 19% 19 19
149 48V* 47V* 47V*— I
78 23V. 23 23
4 21% 21% 21% + %
83 10% 10% 10%— %
13 12% 12% 12% — %
154 4% 416 4% — %
207 6% 6% 6%
820 302 40V. 19* 40 — VS.
8 443 13% 12% 13V* + %
1J00 8 24 1828 112% 709% 172 +2
.92 28 15 700 32% 31% 31% — %
80 28 21 1048 31% 30% 31%—%
166 2% 2% 2%
35 2% 2% 2% + %
11 12 624 22% ZPA 22%
9 22% 22% 22% — %
27 2516 25% 25%
2 21% 21% 21%
11 20 19% 20 + %
1 71% 21% 21%
113 5% 4% 5% + %
110 10% 9% 10 + V,
36 31% 30% 31% +1%
339 31% 31 31% — %
9 18% 18 18%
1631 3% 3% 3%
222 41% 41% 41% + th
23 31*8 39% 39% 39% — %
1J6 142296 76 9 8% 8%
216 JS* 34% 35 + %
182 15% 15% 15% + %
1191 35 34% 34%— %
19 3416 24 24 — <4
39 11 10% 10%— %
14 7% 7% 7% + %
145 32% 32% 32%
55 4641 48% 48%
141 6V. 6% 6%
192 3*. 3% 3% + %
Jfera* 981. 98%
2 26% 26% 24% — %
33 18% 18% 18%— %
1165 35% 35 35%—%
216 21% 21% 21% + %
4 28 28 28
2204 39% 39 39% + %
158 31% 31% 31% — %
27% 24% 27% + %
15% 15% 15% — %
!J% J3 17*- %
I! Month
High Low Stack
oh.YW.re
M.
HOSHtabLew
poet, on*
.12 J
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80
M% 2% UHMM
2% 1% UPfcAtn
47% 26 USOtrO
4% 1% USHbfrt
32% 12% U 5 Shoe
34% kith US Sure ...
59% 42% USWoa 382
57% 30 UnTectl UO
43% 23% UrtiTef 182
»% 14 UWR 84
13% 5% United*
27 Ml* unhttr JO
35% 25% UnviCa U8
38% 21 UnvFtJS 188
12% BV» UnvHR 180 11.9 II
8% 3% uMatch
7 3% UnvMtd 80a 84
40% 21 Unocal 180 28
4*h 33%. Upfohn 88 19
5 ^W 15 ^
3^45 » iSH
»% l»h UtlllCa 1.12b 58
36 .3S% U>UCepf2J4 98
Z7% 23V. ut»Caar28T 9J
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85
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£
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29%
3&
74
&
2%
24%
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24%
17
40
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30%
10
1735
an
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8
34
5702
2765
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76
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75* 4% Valero
» 22% VfiMypt X44 135
25% 15% Voter pr 286 98
7S* 16. ValNG 150 US 23
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18% *% VKnwn
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39 18% Vartan
84 W 11 2074 29% 38% 29%
JOeZl 36 100 9% ft* ft*— %
2S48 8U 7* 1% + V,
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130 21% 21 21% + %
83 17% 17 17% + %
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707
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2016 + to
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9JT
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135
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61
20
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424
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7 M
723
132
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6
ion* 74
158 99
vans
vomad
VvicM
U2
27
24 12
138 10% IffA 10%
11 HUM 100% 100%
S 1 St ISO % 151 —1
w
26to WICOR
Z68
76
1
34
36%
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_
%
2% WM5
29
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6*6
%
21V. WPLs
14
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%
10 * tvackltf
6Ua 2.1
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into
19ft
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64
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17
2340
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J% WmCut
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_
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2.16
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431
74
73%
73%
emm
19% WasOGs
1J1
76
9
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25%
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1X6
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130
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5
142
7%
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+
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160
66
15
76
26%
35%
25ft
—
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JO
US
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43
a
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%
12 Wrttnui
16
6Z3
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JSVz
35ft
37% WtllsF
2-40
36
7
1054
67ft
46*6
66ft
—
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93
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16*
—
4% Wendys
34
16
a
3143
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6*6
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23
17
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12ft
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21 WIPtPe
*% umictEe
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13 10756
40
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13
75
13%
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as
£2^
oS
14%
9%
28%
54
41%
14%
2% U> viWCNA
9% 2% WWCNApf
14V, 13V. WtGepf 180 123
20% 3* WStnSL
4% 1% WUnlon
91% 34 WUnpfA11A8e2&7
23% 9% WUn PtB 3JJ0 2SJ
74* 40 WstoE ZOO
37% 23 Wsfveo S3
35% 19% Wvrer s UO
44% 32% Wevwr PTZ62
27% S% vlWfiPIt
S3 16 vfWPII PtB
L.S. Futures
Via The Associated Press
Season Season
Hltfl LOW
Oeen Htab la*
Oft. 4
One Ota.
1
Grains
l
Staton Semon
Hton Low
Open Htah Low Ctaae ©to-
Food
WHEAT CCBT1 _ .
W’ m sr mH sn ssrtir ai«,t 5 »
3% Mar 426% 4A% <25% <2T% +80%
420 380 May <00% 487% <00 <02% +82%
jS 357 Jut 381% 387% 380% &£ +83
17j 150% Sep Z66 +81%
Elf Sotos Prey. Sotot UU19
Rrevlom Open Inf. 7U60 aH3»
CORN (CBT)
bu minimum- dotunpcrbiiitial
185% D*C 2SBU 2SS 2 SO
183% Mar 2J6 U8U. 195%
287% May 288% 101% 287%
283 Jut Z93% Z5B 254%
Z45 Sep 233% Z7S 231%
27S G*C ZS* 2J0 156%
Z42 Mar 263% Z65 242%
Pmv.Sctes 40SSS
350
16*
248
X17%
Z95
Z70
Em. Sotos _ . _
PnwTDav Oeen 1 pL 237814 up 1511
SOYBEANS (CBT)
5800 bu minimum- doBan per suMtel
2Bf% +84%
Z99% +83%
380% +82
297% +8W.
Z73» +81 V>
Z3W —80%
2+4% —80%
EsLSaiea . . .. _
Prey. Day Open I at. 120410 act 60
SOYBEAN MEAL (CBT)
mows dnfKifiPTtan
37100 15980 Ocf 26180 21380
31880 15980 Dec 24 LM 26780
31380 17480 Jan 24CL50 2*450
30880 1B750 Mcr 254J0 36059
30<00 20050 May 25150 ZHJM
30080 22180 JuJ 24450 241Z0
29880 27750 AuB 23950 24280
2S480 7T-L00 Sep 23080 2X100
21080 rn* fr) Oct 9»inn Twrw
26080 20380 Dec 21580 21480
Eat. Sol,* Prev- Sales 19589
Prew. Dav Open inf. 7SSS3 up495
SOYBEAN OIL {CBT)
40800 lbs- donors per 100 Cbs.
3480 17 JS Oct 2420 2143
3L2S 1880 Dec 7AJS 24J0
3195 20.75 JOT 3453 2S1S
3350 2085 Mar 2545 23J0
3ZM 2245 May 25.90 24.10
3250 2245 Jul 2680 2525
3205 2115 Aug 2680 24.10
2950 2580 $*p 2SJC 2680
tbbo 22J73 Ocf yiw ^ns
2BJB 2280 Dec 2S25 2548
Est. Sales Prev. Sates rtjai
Ptwt. Day Open Inf. 81345 off 1.143
2*02
2*33
+31
2*47
2*75
+33
201
25.30
£3
+1
2L75
25.90
2535
2*0S
2530
2600
-f-yj
2SJ0
2642
+37
2U5
2S2Q
+30
2US
250
+J5
COFFEE CCHYCSCCI
nmitarotnMPerlB.
15025 11073 Dec «-«
15050 11244 Mar 12623 12*80
IM7S 11Z13 MOV l»g 1ZJ^
usrp 11480 Jul UUO 13690
1CJS 11480 Sea 127-00 12780
12925 11880 OpC
Mar
EM. Sates Prev. Soles 7452
^yTDor Openlnt. 2ZB48 aHMO
SUGAR WORLD 11 (HYCSCEJ
llZOQOtb*.- cento oer lb.
uaa 7.7S Jan
IO» 744 MOT PJB 942
1 53 7JJ May M0 9^
1140 RIO Jiri U7 9.12
1 $JD M5 OCt W U
180 180 Jan
180 980 MOr 8J9 199
Est. Sales 1288* Pw.Salw MJBl
Pr«v. Dav Open MM1Z9Q7 Oft SABS
COCOA (NYCSCE1
IS metric fpro- J pet" tan
2197 1HQ Dec 1140 1173
XB8 1125 Mar 1157 1IU
1152 M<W 11M rag
S S 3 & SS ]g
Est Sotos MM Prejr.Sotah 5g»
Prev. Day Open lot 37.919 Off 1*8
ORANGE JUICE (NVC«
’wsnsa-'it m »
!US !SS Basiss
IPS 1 £S IS" ! 2 £ wi
M !£S % »,* hud.
Jon
Mar
Eu. Sates 2500 Prev.smm U80
Prev. Day Open IM. &9Q0aff4Z
9.16
MD 1%
988 988
8.97 9.12
889 98*
8.T4
699 699
113* llg
1157 11B
111* w
1217
122
1275 I*
1305 1333
+.»
+88
AM
+J7
+.14
+.M
—81
■*%
+37
+33
+33
+31
+31
+31
17940 182.10
171,10 17380
I4B80 17033
1M80 16983
wi.00 mg
MOJO
+140
+130
+130
+130
+340
+1.B
Metals
COPPER fCOMEX)
TflSe- k " tatSl^Ofl 117J0 11680
liuo ‘S 5 S 2 ^ 10940 1,040
10UN 64J70 Jan
10050 4450 Mar 10040 10180
S 3 gJS 55 " 53 S 3
9QJ0 7745 Dee 91.10 91.10
Est. Soles 5800 Prev. Sales 38*4
Prev. Day Opmi im.
ALUMINUM (COMEX)
aaooo lbs.- cents per lb.
Oct
Mov
11380 7X75 Dec 9680 9640
*LSa MJD jon
’SSS XZ 9580 9630
8435
8Z50
StP
34*6
a% Whrtul
1.10
43
11
952
26
25ft
22ft
10'4 Whllehl
18
lift
lift
n%
22ft WUHOrii
10
73
If
IJ8
3Sto
34%
17ft
7% Wlcfces
79
9568
i5yi
,2ft
■ft
% wieJiwt
63
26%
16% Wick ptA 150 142
19
17ft
17
5ft
3 to Wntred
,7
2.3
75
3
Sto
5%
19ft
7% WIllcGs
.11
3
214
16to
16 to
37%
19to Will kirn
10
43
8
719
32ft
32ft
7%
4ft WllsflrO
201
S3
7S
R7
6
Sto
10%
2*8 Wlnftiel
65
2%
7ft
5
*. Wlnlafc
10
1
1
48%
37% winDI*
1.92
42
16
21 ;
45%
1X4
7 Wlmtba
A0
43
25
189
9
Bvi
70
1.54
SO
9
149
2frft
36ft
zss
94
3
27
26ft
18ft WlscPS
in
13
10
522
21ft
2ift
1J0
43
10
lift
7% woivr’.v
12
10
13
irtn
13ft
IT 4
<ffto
2 Th Woiwlh
1J4
Z9
14
2913
56*
9ft
5ft vvriaCP
5
22
10ft Y/rldVl
16
16%
M
13
17
2»
35ft
SS
7.9
,4
22
9to
M
ZP
42
54
207
2f-i
J9to
,0ft Wysc
4
11%
490 % ’A —
l 2* 2* 2*
6 13% 13% 13% + %
» N 4 4th — V)
139 2% 2 2% + %
14 <0 40 40
_ 68 11% 11% 11% + %
38 10 1871 52V. 52 'J 52%
23 w m 29* TS* m- *
58 10 2377 24% 23% 24
78 10C 33% 33%
1 496 19% It* It* +1
100Z 43 43 43 + %
17 — to
Sto
6
2%
1 — '.h
45% + *h
S'*— (■
1 %
Uyedodc
CATTLE CCME)
40800 lbs.- cents nr Qa.
7147 5645 Ocf 7245 7X20 7Z3S 7242 +87
7440 4025 Dec 7420 74.9S 7X15 7*JO +32
7482 45. HJ Feb 7<15 7L90 73S0 74.17 +27
7575 52 JD APT 7580 7587 7495 7527 +J0
7570 4640 Juo 1 *80 747! 7180 74J0 +25
7120 6500 Auo 71JS 7Z25 7140 7UB +.M
7100 7U0 Sen 7200 7Z00 7120 71.90 +J0
74.1} 4PJD ocf 7TJ7 71.50 76*0 1M0 +.10
Est. Soles 20851 Prev. Soles 240*1
Prev. Doy Open Inf. 733S2 us*80
FEEDER CATTLE (CME)
44800 ibs.- cants per 16
oa
43-65
SJQ
bz;»
8Z15
— 35
SL9S
7*25
Nov
83J0
S 3
S3.I0
8115
—va
84-45
MOO
8370
KUO
SL7S
—.15
7430
Mor
82J7
8X15
8ZS3
SZS7
SZ45
753S
JZX
8230
61-65
»J5
—.15
7+00
8065
■lJOO
6065
6045
+.10
7975
7*50
Aua
7975
1970
>9JS
79 JO
+35
6508
108Z9
10869
10738
r*50
9858
Ml 8
839 J
4318
Est. Safes 3810 Prev. Soles 2769
Prev. Day Oom let. 16187 etU29
HOGS (CME)
53% + to
5% + V*
30300 lb*- cents ser (B.
390
4*73
3»62
39 J7
+67
4*35
ax
Dec
4280
4380
4ZS5
4282
+AS
5200
4130
Fe»
4S7C
4*ro
4170
4587
+55
440
4*40
4*55
4*70
+J0
5*25
4ZK
OA0
490
4*35
4*60
+0
5*00
47 J7
Jul
ax
49.W
49,5
<9X1
+0
51 00
4225
4*65
4*0
4S.T5
4*25
+33
47.00
4X50
OO
4LX
4565
4* 15
4560
+0
r~
“
X
ZZ 3
78ft
IM
S3 10
1974
57ft
S7to
S Tl- ft
19% XTRA
31
Zl U
2B8
34
33%
29*
19% XTRA04 r .94
73
27ft
V*
c
Y
1
59*4
17% York In
IS
«
52%
53%
5^ + ft
i 1
Est. Sales 10.137 Prev.Soies 9.17a
Prev. Cov Open im. 28471 uelJe*
PORK BELLIES f CME]
8Z30
«Z50
8ZS0 Jon
Mor
MdV
jul
Est. Sales 3 Prev.Soies
Prw.Oav Ooenlnt.
SILVER (COMEX)
UNO trov at- cwM per trnv ez
4588 61 BO Oct
4HO NOV
Dec 4308 6378
Jan
Mar 6*68 6518
i Mov 4598 6608
45*0 Jul 6698 6738
6*18 Sep
Sjo Dec mo 49*8
B150 6988 Jan
9108 7008 Mar
9108 7770 MOV
7*1 J 7408 Jul
EsI. Sates 17800 Prev.Soies 1129*
Prev. Day Openlnt.
PLATINUM (NYME)
SO tray az.- dollars per lrov««-
667 30 4S2D0 OCt 50X50 51380
*4*80 <5980 jon SOLDO 51480
*4X50 4K2J0 Apr 51280 51*50
*4780 SOI80 Jul ca®
SMJN 50780 Ocf 52650 BJJO
Est. Sales 5935 Prev.Soies IMS
Prev.OavQoenlnt. 26724 ofibO*
PALLADIUM CNY MCI
itXUruvOJ- dollars per oi
139 JO 1M-S0 Dec 11670 119.*
12200 115S0 Mar HUD 11650
137.75 U*80 Jun 11750 117.90
13280 11480 Sep
Est Sotos Prev.Soies 63
Prev. Dav Open Ini. 6543 UP 2
GOLD (COMEX)
100 troy pL-deUarsPer trov OJ.
S33J0 39140 — ‘ “* “
117S)
9*80 W.W
92J0
91.10 9030
9980
9480 9*50
9*50
9*00
KSO 9480
9080
9000
58.00
8*50
4*50
8*50
86J0
+45
+J5
+J0
+45
+85
+.10
—JO
— 180
—ISO
-285
— U0
— uo
—180
6298
“ SA
64*8 4463
*918 6562
4698 4467
4267
mS 4 +42
499 3
7104
7218
731J
S0Z50 510*0
504JO 50*80
STZDO 51480
S2080 51*80
6700
4*40
Fca
SOX
5187
4945
49.9J
— J7
6645
46.75
Mcr
SC0
5265
soi:
500
-.12
6*75
40
MOV
£ZX
5395
5(0
5ZI7
—X
6*50
490
szx
5465
S2X
52*7
—.as
5*33
47 JB
SIX
5247
SIX
5140
+.93 1
Est 5c:e»
tJl5 Prev. So’w f
£38
1
Prev. Dav Open In!. 14*86 up 73
78 11
43 12
Z9 0
s::??
."4 52% + %
... 8% 8%
27% 27% 27% + %
19 4039 37% 34% 36% + %
6 114 4% 6% 6% + %
12 %
48
11%
13%
4%
3%
4% RBInd
34% RJRNb Z2D
4* RLC -20
7 RU CP J6
3 RPC
Rtxflcr
83V. 57% ROISPur 1-50
10V. 4 Romad
6% 3% RanorO
54 v. 29 % Rayons 3*
17% 8% RJamPn .16
21% 14% Ravanr Z40
11% 3% Rcrrfcti JSt
83% 57V. Rayttm 280
4 % ReadBI
9% 2U. RdSat Pf
19 14% REIT 184 88 15 1
16% U RtIRef 131 11J 9 JB
15% 6% RecnEq 17 1228
10* SV. Rodma 36 33 2755
1B% 7 Reebak JO 28 7 2539
16 Btb Reece .15* 1-2 18
2V. % Reeal
7% 4% ReglFn 8So X9
14% 11 Retch To 1J6 114 9
»% 4% RctGrp J4 61 4
8% 4% RepGvp J4 69 3?
54U. 36V. ttopNY 1JK) 2J 11
53% 49 RNYptBX83e SJ
23% 19% Rxenen .15e 8
61% 28 RevMIl 1JM 18 8
40% 28% RlteAkl 34 28 15
1% % RvrOok
19 10% RaBtsn 4
29% 12'A vIRobtns 12 .
18V. 14% RodiG I JO 68 11 2360 17Vh 16% 17 — %
49% 37 RoetlTI 27! *7 14 13 48 47% 48 + %
11% 5% Rckwy J* 16 12 95 ID 9% 7%—%
20 to I4to RckCtr 184 9A 14 IPS I9to 19 19V, _ Vt
24 14% Rockwt 7! X3 8 2017 ZI% 21% 21 W— %
9% 4% Rod Ren .14 1J4D0 28 3 8 8
43% 24 RoHoas 1.12 33 11 208 3*% 34% 34% — %
33% 12% Rohr 17 945 32% 32% 32%
19% 9% RallnEs 88 J 25 5*95 15% 14% 14%—%
20 V. 12* Roiltns J2 28 IB 252 1B% 18'* 18% + V.
— _ 8P Z1 22 “
73
11%
11%
llta— %
r~
““
U
1
0% + %
705ft
0 UAL CO
8
1059
96*
96% + %
28%
25 UDC at s
26ft
26% — %
Aft
20%
llto UDC
ZAO 12J
5
36
18ft
isto
s
\ + ft
28ft
21% UGI
ZU
*0
8
290
2/%
26ft— %
1.9
14
1309
30% + %
lift
4% UNCInc
Jle
.1
'5
459
9ft
tv.
9ft + %
9ft— %
25%
,5ft UNUM
.48
1.9
11
4 24
25ft
25% — %
41%
26% USFG
ZA4
86
8
1429
30ft
30% + %
273
5Z%
41% USFG Of 4.10
94
19
44ft
ZZ
44% — %
7*6
6ft USGn
3
ie»
7%
7 — %
7
69
19ft
20 + %
26%
16% USLICQ
.96
43
9
61
24%
24
24% + %
JS%
19% UST
1.48
43
>4
1404
35
r • 1
34%
71%
38ft
21 USX
120
44
539S
37ft
bid
27% — ft
+»
*.
51
43ft USX Pt
*819,0.1
434
48
47%
47ft— %
20
2%
2%
2%
61
41% USXer
Z50
76
va
46%
46
46 — %
16% 16% 16%
l Sto 15 15to
6% 6th 6to— 1%
9% 8% 9%— %
... llto 10% 1P%— Vh
13 12th 12th 12% + V.
39 Vh
129 6% 6% 4% — %
6 15to 15th 15% — %
435 4% 4% 4%— %
54 6th 6 4% + »
171 46% 46 46to — %
450 44% 44% 44% —2%
8S2 20% 19% 19%—%
1877 S2% 51% 32% + %
*« 36^3^3^-to
142 71% tl II — %
331 25 24% 2*% — to
39% 19% Rarer s
9% 3% Rowan
,30% M% ROrlD
13% 5 Royim
«% S to Rove*
Jlto I* Rubmd
38% 17% RussBr
19% II RuSsTp
18% 10 % Russell
38to 20 Ryder
31% 17% Rvken
25to 11 RVUSHI
17% 7% Rymer
2108 38 37% 37% + W
1235 6 5% 5%— to
73*9 *9 7 3*97 105% 104% 105 — %
.16r 1J 15 233 12% 11% 11%— to
-52o 5.9 61 8% 8% 1%
M IA 20 249 23% 23% 25% — %
.40 Z1 8 258 18% 18% 18% + to
JO 46 20 124 13% 13% 13%—%
34 14 II U 15% 15 15% — %
36 22 1412623 2614 24% 26 +1%
-68 23 IS 4V 29% 29% 29% + Vi
" * 14% — %
JO
11 7
40
10% 7% Rvmerpfl.17 1*4
1£% 16%
8% 8
9 - %
8
JAB 74 II 3021 32% 32% 32% + to
.10e 18 5 255 7% 7% 7%— %
26 0% 8% 8%
17 44% 44 44%
375 3*% 36 36% + %
64 24% 24 24 + to
301 17% 17% 77% + %
97 11% 11% 11%
33 15% 15% 15%— %
137 27 26% 2AH— %
34 9 8% 8%— %
34 21% 21% 21% + to
42 18% 18 18% + %
557 BJto 82% 83 + to
•18b Z,
1.00 Z3
1-20 X3
M8» A,
TJ3e1Z3
JO 1.1
lJOelU
1J0 *4
Si 3
240 7J
J9I
30% 27% SCEap
13% 5 SCOR U
12% 7% SL Ind
44% 30% SPS+ee
38% 21% SPXCp
31% 13 5SMC
2B* 141+ Saateftl
13% 10 SotkiR
19% 9. SfpdSc
39% 21% 5aftkJn
9% 5% SahCos
34% 17% StJoLP
18% 5% Satan,
89 61 SaflisM
37 14% Solemn
36 20% 5DteOs
9% 4% SJuOnB
14% 8% SJuanR
33% 23% SAfiHRt 108 U 20
20% 16% SFeEP ZB8 163
34 MU 5Fe5P3 .10 S S ....
46% 26% sarnue I TO 23 15 *214 *3% 43 43 + %
13% 10% Save Pf 138 11 J 2 11% 11% 11%
)% Savin 2 ,269
12% \ Savn pfA 7 10% 10 ,0
7% 4% Savn pfB 40 17J 17 4% 4% 4%
7% *Vb SavnpID .10 15 50 4 4 * — %
33% 24% SCAMA 240 7J TO T74 31 30% 3Wi— %
9% 5% Scflfr Jle 42 7* 7% 7% 7%
57% 31% SchtPig 1A0 16 17 1072 54% 53% S3%— %
' U 13 8588 33% 33to 33%
115 480 6% 4% 6% + to
14 10 6«9 12% 13 12% + %
10 10 3742 34% 30% 36% + %
<2 16 52 12% 12V* 12% — %
J
' A
17 . -
20 1485 26% 2S% 25%— %
11 480 35V, 35V. 35% + to
17 119 4% 6% 6%
12 5 12% 12% 12%
14 33% 33% 33%
51 15* 15% 15* + %
1268 SO 19% !9%— %
48to a ScMmb 130
16% Sto Sctnvb
16% 8% SCAT, .12
43 Ml 27% SaittPs 34
15% 10 SCOftYl J2
11% 5% SeudNA J7e
27V 12 SeaCnt JOe lj
14% 10% SeaCt pf U6 10J
17% 14 SeaCpfSZlO 1Z7
17% 13% SeaCpfCZIO 1Z6
54% 37% 5eaCefD<I2 BA
77* 49 Saaarm 1J0 Z2
22% 12 Seouul
48% 28% StalAIr
52% 29* Sears
39% 30% Sec Poe
87% 40% SeauaA
SO U 15
U0 S3 9
1.96 SJ) 10
-15e 3 U
Me 3 14
J8
1 JOe *9 12
JD <1 II
J6 19 11
J5 ZS 32
34 Zl 13
S-lOe 7j ■
64 23 13
13
U 11
Z8
<2
88% 42% SeauaB
29% 14% SvceCp
12% 2% SvcRes
29% 31% Svcmst
23% 12% ShaUae
27 12% Shawln
27% 12% ShLehH
23% 11 StiMtv
91 65% SfWIT
34% 20th Shrwln
14% 4% Showbt _
23% 18 SlerPac Uj
12% 4% SoniAPi J03I
34% 21% Stanel I JO
16% 5% Silken!
18 11% Skvilne J8
t0% AVi Smith In
42% 39% Sulk Bek 1J4
58% 39 Smuefcr ju
44 * 24 % sntwOn 1M _ __
9% 4% Snvdor M 110 21
19% 12% Stwdrpf 109 I&5
10% 3% SoiJlron
34% 21% Senat 200 7J 11
54% 25% SenyCp JOe 6 31
28% 12% SseUn 151
39% 30 Source ISO JJ
25% 23 SrcCPP* Z40 9J
19% 16 SoJerin 1J4 JS 9
S*% 74% 5Mdtr( JO 2A t
29% 17% SoestBk M U i
78 54 SMtBkPf
24% 17% South Co Z14 100 9
30% 23% SainGs* U0 *1 10
57% 43 SNETI 300 SJ <1
„ . 6% 8%— %
40 25% 25 Sto-%
7 14% 14% 16%
7 14% 14% 16% — to
3 14% 16% 14%
1 49 49 49 — W
BS 56 55% 55% — %
76 12% 12% 12% + %
33 42% 42% 43% .
41 38% 37% 3754- *
■I 39% 38ft 39% + %
14 A3Mi 63% 63%— ft
„ 6 46% 64% 44% + ft
25 14 2*62 194b 19% 19%— %
39 6% 6 6
42S 24% 24 24%
220 19% 19% 19% + Vh
82 23% 22ft 23 —ft
152 21% 21ft 21% + ft
233 11% 11% 11%
1492 6«to 65% 4Sft + ft
248 28ft 28% 28%— ft
313 8ft Bft Oft
110 22to 21ft 22
35 5ft 5ft 5%
28 33% 30 33% + Vh
7 231 10ft 10 10 — %
14 12 187 14% 14
2 140 8ft 8%
<1 10 *990 45% 45
1J 18 38 59% 38
2J> 14 833 3*ft 3*to
464 4ft 4% ... ._
42 13% 13% 13%— %
6 4 4 4
57* 28% 25% 39ft— ft
319 47% *7 47% — ft
79 25ft 25% 25ft + %
10 37ft 37ft 37ft— %
2 2*% 34% 24% — W
*5 17ft 17ft 17ft
129 2J% 20ft 2)% + %
34* 23ft 23ft 23ft + %
5 64 64 64 —2%
2522 21% 21ft 21% ,
263 28% 27% 27ft + %
402 54% S3* 54%— ft
14%
8%
*5% + %
58 ft +1
34% — ft
4ft— %
36% 9% Ultmfe
28ft 17% Uni Fret
*2% 28ft Unlievr
47ft 38 UnlNV
47% 24 UnCmp
32% 15% UCord
,3% 4 Untanc
25% 199b Vfneiec 1J2 8.1
43% 33 UnElof <00 9J
80% 64 UnElpf 7J4 9.9 .
S3 69 VEiefH EDO 93 510e 82 81 81 —1
19ft 13th UnExn lJDelOJ 18 140 13ft 13% 13ft— %
80% 45% UnPac Z20 X8 11 2754 58% 57% 57% — ft
14to 5ft UnTex JOe 1J) — " — — - ~
15ft 9 UrtfedFn JO Z5 5
47% 24 Unisys ,J» U t
7V *8 Untavpf 3JS *7
3% l»h Unit
15ft 8ft UAM
ISto 9% UBnxJ s
34% 18 UCbfTV
27% 19% U I limn
14% lift Ulllupf
17ft 10% Unitlnd
25ft 17 UJerSk
10 5ft UKIng
JO A 17 1 25 25 25
1 JOe 13 10 21 31 30% 31 — %
1 Jle 05 11 469 54* 54 54 — ft
124 17 9 1489 33ft 33% 33V. — ft
JO 12 914741 25 23ft 25 +lth
2S 547 13 12ft 13 + %
409 2Jft 23% 23%
5b 40% 40ft 40ft— %
1001 75 75 75 — %
530 10 9ft 10 + %
25 15ft 15ft 15%
3138 32% 31% 31%— %
154 57 56 56% — ft
132 2% 2 2%— ft
3 12ft 12ft 12ft— ft
325 17ft 17ft 17ft
369 33to 33% 33%
133 23ft 23% 23ft + ft
8 13% 13% 13ft + %
22 14% l*ft 14ft + ft
174 23% 22% 227h— %
30 9% 9 9ft + ft
30 13 16
-20 n n
.JV. JIM
Z32 9J 4
1.90 115
At 4J 12
1434 46 10
JOe 9.*
2% Zapata
13ft Zovre
Sto Zone*
,0 ZentlhE
9% Zenlnn
1 v!2enLb
21ft 12% zacNtl
19ft lift Zero
26ft 15 Zumta
11% 7ft Zweifl
10% 10 ZweioT n
5Ve
37
14
30
10to
7ft
177
JO lAir. 54S1
JO 1 0 17
3te 13
SCO *J 8
AO ZS U
60 IS 17
1.04 e.9
;'» 2to 2r. ♦ ft
. 26-1 25% 25ft— ft
1 13ft 13ft 13ft— %
1*07 21ft 21 :? ■ + ft
112 10'.. 9ft ICft + ft
549 Tn 1ft 2
184 18'. Iff-* 18ft
737 15to ISto 15ft- «
983 29 36ft 24to + ft
24S TO-'- lO’y ICft
887 10'.. 10 Uft
j Curreno Options
Ocf 3*7 JO 3*9 JB
KOv
39X50 Dec 4CJJ0 404J0
401.00 Feb 404-M 408J0
Apr 41 2 JO * 12 JO
Jun 417-00 419.40
AUO 42100 42U0
Od *30*0 430-60
Dec 43*20 «3*J0
51*00 *3970 Feb
525J0 4*100 Apr
49700 44700 Jun
EM. Sales 31 AN Prev. Sates 3*171
Prev. Dav oecn inL
54*00
549 SO
550.00
SHUN
57100
575JO
514-50
407JN
41Z00
419 JO
423-00
iiajo mn
1X15 11A1S
117J0 117.15
11*40
39700 3*8.10
400 30
401.10 <02.70
40*50 *07 JD
41250 *12 *0
41*70 4U-10
42JJ0 42X50
43040 -C9.1D
43*00 43LS0
4*0. tO
445.70
*51*0
457*0
Financial
US T. BILLS (IMM)
ArmsWInpf
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EnviranSYs
GlAHPac
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plbbury
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KKR Raises Offer for Kroger
Reuters
NEW YORK — Kohlberg, Kravis, Roberts
& Co. said Tuesday it raised its offer in the
bailie for Kroger Co. to S64 a share in C3sb and
securities.
The sweetened bid, which values the giant
supermarket chain at about 55.03 billion, follows
tbe announcement by Kroger last week that it
would undertake a S4.6 bflHon restructuring pro-
gram to fend off unwanted suitors. Korn berg.
Kravis, which is a leveraged buyout firm, previ-
Markets Wary
On Inco Payout
United Press International
TORONTO — Markets reacted cautiously
on Tuesday to Inco Ltd-’s recapitalization plan,
an anti-takeover measure that would pay a total
of SI billion in a special dividend to sharehold-
ers of the Western world's largest nickel miner,
analysts said.
Analysts said that market reaction was cau-
tious on expectations that Inco would fall by
more than $10 a share after the dividend, and
because it was seen as unlikely that stockholders
would approve tbe full plan.
Inco stock rose 125 Canadian d oil are ($1.85)
a share Tuesday in trading on the Toronto
Stock Exchange, doting at 37.125 Canadian
dollars a day after tbe mining company an-
nounced plans to pay a special cash dividend of
510 a share and a copied a “poison pal” defense
to thwart any unwanted takeover.
On the New York Stock Exchange; Inco rose
$1.75 in heavy trading on Tuesday, dosing at
$30.75. . ,
‘The feedback we get from major sharehold-
ers is that it's unlikely at this stag; to be ap-
proved in its entirety ” said Terence Ortslan, an
analyst at Deacon Morgan MicEwen Easson
Ltd. in Montreal.
The poison pED defense, said to be the first
ever adopted in Canada, would allow share-
holders to buy new Inco stock at half price if an
unfriendly suitor acquires at least 20 percent.
Under certain circumstances. Inco also would
pay to enable its shareholders to buy stock in
the acquiring company at half price.
outiy Ind $4.6 bflhoa for Kroger following a
$4.32 bdtiotj bid from Dan Group Corp*. con-
trolled by the Haft family of Mariand.
The new Ind consists of $50 per share in cash,
SI 1 per share in principal amount of subordi-
nated debentures, and a continuing equity in-
terest in the company’s business with a value of
$3 per share.
ftohlberg, Kravis also said that if Kroger
wishes to proceed with its restructuring plan,
which includes shareholder dividends of $40 in
cash and S8 in debt securities for each share, it
would offer 513.50 for each Kroger share. That
offer would include $10 per share in cash and
S3 JO per share in principal amount of subordi-
nated debentures.
Kroger said Tuesday it was reviewing the
increased acquitition bid.
Analysts have said that Kroger is attractive to
bidders because its parts are worth more than
the whole. Its holdings indude 1,300 supermar-
kets in 20 states. 935 convenience stores and 38
manufacturing units, which can easily be peeled
off and sold
PHILADELPHIA EXCHANGE
Option A smae
UBtJerWum Price Coup— UaJ
Od NOV Or< Ocl Nov Dec
SBJW Australian DoitarKxntt per esir. .
ADoih- 77 * +
78.91 78 r r r 828
789, 77 <sc uc r r
78J1 80 on r r r
T1350 British PoucOKton per oatL
aPtwnd UO r r r r
14*51 1*5 r r r r
10*51 167ft r t r r
16951 17D r 1.75 t t
16951 172ft r 184 r r
SQJ00 Canadian Dodarvcents per wUL
CDollr II r r r r
8Z76 lift 1.16 r r r
SZ76 82 r CJ4 1.15
8Z74 «2ft r r r
02J6 03 032 r 063
8276 83ft r 026 r
fiuoa West German Marfcvants pereaS.
DMorx Si r r t
5165 S3 r r 1.58
5165 U 13 r 184
53-65 SS 004 024 Zfil 1.18
5165 56 r r SJ* Z18
52*5 5 r r 089 r
17*004 French FraocvlOtftsef e ceatper ualt.
FFrwic >51* r r r r
157.68 16% r US r r
*2saooo japaatt* Yea-looms at a cent per Mil.
JYen W
Oo. -t
Put*— Last
91.17
9,58
91.97
91 Jl
9IJ*
030
mo
i.«
250
0.17
r
l.io |
2M !
r i
OA2 j
170 j
160
<10
iw.
Dec
920
9249
9262
9264
z£i
Mor
99.70
9Z.T3
*20
920
Jun
93J6
9ZS7
920
9258
-31
See
93J8
9340
*230
9242
-X
Dec
9231
9221
♦Z21
*Z13
MOT
9284
9124
923*
9237
-JO!
-ten
920
— J2
089 027
040 060
D3S
7458
7*98
7*98
7*98
7*98
7*98
7*98
043
0.13
081 08S
035
050
0.98
080
r
037
062
aw
040
025
6ZSD0 Swiss Fnmcs-c*fTTS per oML
s Franc 42 r r r 005 r 0X3
6364 66 r r 1.19 r 039 r
6X66 65 r r r 163 162 r
4366 47 r r 028 r r r
6164 . 48 r r OT7 r r r
Total call VOL 17,724 CcBI open tor. 39AM7
Ttotnl oat vaL SUM “ ' ‘
r — Naf traded, s— NO option ottered.
Lost is premium (purchase price).
Surer: AP.
I *409
I 9363
' 93.48
I 9113
! «Z71
92*0
92J1 91.73
EN. Sotos ,651 Prev.Soies Ul*
Prev. Day Open int. 20J44 oH 177
10 YR. TREASURY (CBT) _
510CJM0 prhv PIS A32ndsotI00oel „
94- 12 *0-5 DSC 94-14 f+M 94-5, WJ,
94+ 19-24 Mar 93-29 9301 *3-27 93-30
91- 25 89-* Jun 9J-1*
•r-lt 49-12 Sep _ _
Est. Soles Prev. Sales 20780
Prev. Dev Openlnt *1517 uplJ9S
US TREASURY BONDS fCBTl
IBpclSlOOJOOftlsfcBndioflOOpcil
•*.? 7+1 Dec 88-31 48-31 »U
95- IO 73-20 Mar H-IO 88-13 « »S
94-4 73-11 Jun 87-28 17-28 87-1 B B7-21
*3-1* 72-26 See 87-5 87-7 87-5 87-6
92- 72 72-11 Dec 84-21 8*-34 86-21 86-24
1801 72-1 Mar 86-10
88- 13 H Jim 85-7*
8730 79-1 See 85-14
8+22 09 Dec «5-J
83-29 5-21 Mot *+»
13-16 82-11 Jvn B*-7
Esi. Sales Prev. Satas36*3«i
Prev. Day Open lntJ82J2S UP 3574
MUNICIPAL BONDS (CBT1
S10W* InOBA-otsEHTHtsol 100 set _
89- 16 80-16 Dec *9-10 89-16 8+4, 89-12
B7-22 78-25 Mar 87-15 87-23 87-13 87-19
B6-2 77+ Jim BS-24 84-1 85-24 M
8+16 786 Sep 8+10 8+21 8+10 8+17
83-3 81-10 Dec K+5
Est. Sales Prev.Soies 2601
Prev. Day Openlnt. 1*912 off 120
EURODOLLARS (IMMI
J London Metals
BM
Ocl 4
Previous
Bid AN
ALUMINUM
StMHoa per metric tan
S«Jl __ 124550 12S5J0 124000 1245JX
Forward 122000 123000 12S5J0 126000
COPPER
Starting p
Spot
Forward
COPPER
StaribNP
•Mt
Forward
LEAD
Stardnap
Spar
Forward
NICKEL
Dollars pc
^rord
SILVER
us. rents per troy ounce
Spot 61400 61 7 JO 61800 62000
Forward 629.08 630J0 431J0 63100
ZINC (HtoBGraM
SerUap per taetrie tan
Spot 134000 imoo 133700 134Z00
Forward T2SOJ0 128700 ,27500 127700
Source: AP.
CATHODES (HtaB Grade)
sr metric tan
153500 154100 153700 153800
147100 147Z00 146*00 144500
CATHODES (Standard)
er metric tor
150000 151000 14&S0B M75JO
1 45000 144000 1415JJ0 142S00
er metric tan
346J10 38900 36550 34*50
34&00 Me m 34*50 36750
*f* 4 ■ MililC toa
WOO J0g 0 11250 11»
97WJQ 97SL 00 10200 1035D
Dec
N.T.
N.T.
900
r*T.
Mar
N.T.
N.T.
85S
+ 10
MOV
N.T.
N.T.
w-n
+ 10
Jiy
N.T,
ALT.
900
-tata
+ 10
See
N.T.
N.T
920
+ 10
Dec
N.T.
N.T.
940
—
+ 10
marai
N.T.
N.T.
960
+ 10
Amstrad Buys a Stake
In Micron Technology
Reuters
LONDON — Amstrad PLC, the computer
and electronics group, said it is acquiring 9
percent of Micron Technology Inc. a U.S. mak-
er and distributor of semiconductor and memo-
ry components, for £45 million ($76.3 milli on).
Amstrad said that under the agreement,
which is subject lo U.S. government clearance,
it would purchase nearly 3.6 million ngw Mi-
cron shares, or 9 percent of Micron's enlarged
share capital at $21 a share. Micron, based in
Boise, Idaho, already supplies dynamic random
access memory chips to Amstrad.
Micron said the agreement with Amstrad
in dudes indndes a three-year contract under
which Amstrad could purchase up lo 9.03 per-
cent of its component production. Micron said
there would be no reduction in allocations to
current customers as a result of the agreetnenL
Earlier Tuesday, Amstrad reported that pre-
tax profit in the year ended June 30 rose to
£160.41 million from £135.71 milli on.
S&P100
index Options
0CL4
Srftt CoUs-Lao ftsfrial
PrireQd RH Dec Jb M Ne« D« Jre
a— -------
as» — — — % % — -
Z)S 3SVi — — - a 1U 7ft —
MiUftlf - - ft u. m 4M
M Bit H D — ft 7ft 4ft —
BMftinwmiiAH
B W 1 fft — 1% 7ft —
»l»4ftg7 - »»!?-
CMhi MN <etanft » «: 8M seen tat 3BSU
SE SiwiuaeMJn; total tree tat BUN
regb&JD^iewZ&OS dOse2S25 -122
SWTW.-CBOE
81 million-ptsof lOOpct.
9367 9941 OK
91 36
9136
9170
9271
8979
Mar
910
910
9171
9Z12
89.19
*10
9171
91.18
91-92
Sm
910
910
9161
9176
Dm
900
*00
90J4
9162
8880
90.90
9070
90J7
9160
8*82
Jun
90J2
VQJ2
900
910
8*74
SK
9074
9075
9072
+1
*2
+2
+J1
=sss r *isr -» *■- 1 “
n - 3 ’ MM SS «). M Sj,
as Sa a ^ ss as ss
iffisiasaxws*
lis SlajSS HS
&asw- r
*&**&%* % « ss i
III SS 8 si 8
rufatri WW Prev.Sata* 7JU
»W4 uozan
.:ss :!§2
EsISatat Prev.Sfi*
prei?oS Opob In*. ®
OBRMAN MARKtlMMJ
•jrwrev js ® s
3 SS SSJS 3 rffiS«B 3 B 8
rrSTiS MUM Sm
o*.
f
♦u
-8
+.i
♦j
+3
+ 3
+3
+5
+J
—.1
+A40
+*40
+140
+3.10
+1*0
+ 45
+55
+55
+55
+ 40
+50
+50
+30
*50
+30
+40
+.03
+J0
a
+J0
♦50
jggUOB jauraw «*>■
r-rrr # a a
JL&JeJbr A
8S£dS£mIb8. 70339 «of»
*>rm
18550
18*00
1KU»
10230
Eit.Sri*
LUMBER iCMtt
isaoOObd.n.-aeef’IJOOM.n. _
mjo uwo miw HJO JJJ*
117*0 16000 Jon 17*M 17*40
17L00 Mar 179-S ”
170.10 MOV 17850 l»J0
16710 JtH 17SJQ 17*00
,7i ' M
prav.DavOMnlnL saw oH73
COTTON 9(WYCR)
'sa~'£.
SS SS |3 SB
i*7B 4903 MOY
4926 Ju< 53J0 5350
SITU 50 J* ocf
itm 50.75 Dec 5175 54JO
EiLSotaa AP*
prev. Day Open loL 37.1SI w<S4
HEATING OIL CHYME*
"■ 0l ‘ , »" r S sjg
™ s« S S 8
5150 39-OS P6* 9£-iS 2-2
5030 37.75 MOT 3*05 3841
moo 3*70 Apr 3*K
4750 3*30 MOV 36JS 3*50
4*60 35J0 Jun ^
47.00 3*60 JlJ 5*
rv, 36J0 AUO 3*4Q 3*40
37 - w 15 Si 5
i >s«tta-taCa«ar
' CRUDE OIL (NYME)
ljOObhi. BeWnreeerBhL „ —
1*42 1003 Nov U IUB
1845 Oil Dec 1Z*2 13.05
llM IZ57 JOO 1ZB0 1ZW
1*10 1264 FOB 1178 13.00
1U an itar no lur
1*25 12.73 Apr 12*5 13.10
17^ izJ7 Mery iZta UJ0
1*40 ft*5 Jun 13.JP JZW
17*0 1100 JW 1X» 1330
1*S ifS tore 1ZU 1125
EU56M Prev. sataeWUM
Prev. Dav Opw IMJ444M u»i04«
171# 1TAW
ITlS 174JQD
+36
4jBf
Stock Hwlwx
SP COMP. INDEX (CME)
Dec 17110 271H
I 28350 3S MW 37535 37*S
I 28250 26X88 JUB 277.40 277 JB
i Es>. Soles Prey, iota*
! Prev. Day Open InL
I VALU E LINE (KCBT)
! Dec M5J0 MM
‘ 25780 34050 Altar
Est Sales Prev. Sam
! P*«v.Oay Open Mil
i NYSE COMP. INDEX (HYPE)
; 19DZS
' 159j45
IS9J0
1st JO 15*80
Ett.sam Pi
Prev. OavOaeif lot.
117 Jo Dec 1505 15*75 1SLM _
14*25 MOT USJD ISAM 13140 1}
i«9*a Jim 15*45 i£2
CommodRy Indexes
Com
UXaMi
1357 M
1364)9
239.19
t Moody's
I Routers
I O.J. Futures
I Com. Research
1 AAooctv*s : base IN : Doc 31, 1931.
Reuters : bo$e U» :S»Jl «3U
Dow Jones : base 100 : Dec 31. 1974
PlWrtWS
UEUDf
TJ7<00
T3SJS
23759
Market Guide
CME:
NYCSCB:
NYCB:
COMEX;
NYME:
KCBT:
NYFE:
CWcaao B eam ef .TraUe
cwooqo MereaciiHe Exctanpe
i i Ueraa H cnai Monetary Market
Of CWeaeo Mercuuite EnMapel
New Yore Cocoa. Super. Coffee E
New York Carton E s c tai eea .. . i
CemmotfKv Ewtampo. NewYork
New York Meroonflie EsOtanpe
Konsom City Boom al Trade
New Yar* Futures Exchanee
♦
will be featured in a apedal news
report, prepared by the editors of
the International Herald^ Tribune. It
will appear an Monday Dec 5 .
Don't miss this important issue.
HcralbS^eribunt
GonmiSlhies
0x4
Ctaee
SUGAR ^ Low w A*
Freoc* francs per metric Ton
Ctec
7640
{S36
1655
101
ante.
Mar
1630
1610
1625
1635
+ S
May
N.T.
N.T.
,525
1635
+ 6
A«o
163*
N.T.
1635
1643
+ 10
Oa
N.T.
N.T.
1630
1640
+ 3
Dec
N.T.
N.T.
1630
1640
+ 8
Est. vol:
1717 lots at 10 Ions. Prev.
actual
sales: 460. Open Interest: rcjTL
COCOA
French francs per in ks
Est. val: 0 lots of 10 tons. Prev. actual sales:
7* Open Interest: 6IZ
COFFEE
— — 5
— Unch.
Est. vol: 11 lata of 10 tans, Pre». actual sales:
6. Open interest: 89Z
Front* francs aer 10 ka
NOV
1735
N.T.
1313
1740
Jen
N.T.
N.T.
7700
Mar
1720
N.T.
uoo
1515
May
,720
N.T.
1,190
Jly
N.T.
7LT.
J,i»
1710
See
N.T.
N.T.
1,190
NOV
N.T.
N.T.
MB
—
Source: Bourse Or Commerce.
London
Commodities
BW Atk
Certain offering of jecunoa. faucaal
services ot miaou in real estate pubBsW
ia tUs oewntper an art 4inbocce4 ia
certain jurisatctioTB in wtddi tte lotems-
uon) fknld Tribune is dBlribuist. m-
duduk die liaiicd Stales of America, and
da an anus tale oRexipgx of securities,
services at iatatsu in tbese isrwbakBB.
The lmenuttaoaJ Herald Tnbune assumes
aorespofAWiiy wfuiKoeverfoe auvadra^
aments farafterii^s of any kaxL
On. 4
sooar Htah LOW
1/5. tserton per metric tnn
Deft 2U00 21 £60 moo 21000 21200 21400
tern jJTJJO 211 JO 21220 20700 20960 2»J0
MOV 2» JO ?»60 WJO ?0«J0 207 JO 207 JO
An 206 HR 207*0 20200 2PQ0 20*40 20300
oa 2K20 20400 20*20 20200 20Z20 203JO
2“ N-7. 199.00 20100
Mor 20100 2DSOO N.T. N.T. 19700 2D400
VelvRw-. 201 lah of So ten*
00004
Sleruoe per metric too
Dee
440-
Hn
^ Phidends
Oa. 4
Coapanr
Per Amt
INCREASED
Lawr e nce I asur
Universal Foods
■06 11-15 10-13
37 !MD J0-10
REDUCED DISTRIBUTION
Snyder Oil Co O .15 10J1 IB-14
STOCK
Casaodemn _ 6 PC 12-15 12-1
STOCK SPLIT
Group 1 Software— 5-4or-4
USUAL
ACM Govt mcm Fnd
ACM G«vt oppert FO
Acme-C (eve fond
Brooklyn Untan Gas
CollcTv Fed, Sva Bk
Dennison toff
urup Emporium Inc
Horjxan Financial
Instran Carp
Jackpot Enterprise*
Nevada Power Co
Noland Co
Nuveen Cal Mob, if
N uveencaiMcpIVF
Nuveen Mcp Val Fno
Nuveen Mod Val F
Nuveen NY Mcpl Inc
Nuveen ny McpI VF
Nuyew Prem. IMF
Oxford Intiuftrtns
Productn Operators
Pruaenn intarm IF
Prudent) Siroisc IF
Republic Capital
TedmMrei Inc
X-Rlte Inc
>.10% 10-27 10-13
- JS84 10-27 10-13
9 .10 11-1, MV31
9 .10 11-11 10-11
9 J2S 13-20 10-14
. JD 72-9 17-70
4 JQ 1-3 12-1
a JS 11-4 10-17
0 J3 10-24 10-14
3 J6 10-26 10-18
3 58 11-1 10-13
a .n 10-21 lo-n
- MU 1007 70-73
JBS6 10-37 10-15
J» nxn id-15
, J665 10-31 10-15
- .0665 10-31 10-15
_ J545 10-31 10-15
> J0725 1041 10-15
0.«ft 12-1 IMS
Q — J4 11-15 10-14
_ JOft 10-28 10-14
- M* 10-2S 10-14
O X 10-21 IBS
Q .10 10-25 10-11
O J02 11-11 10-14
M
(MMUtmi; m-meetaiy; e m kx tm ly; +seoiK
Source: UPt.
734
736
730
TO.
723
757
757
740
741
743
774
776
753
754
755
790
780
778
773
774
010
BIN
794
m
793
855
845
036
835
838
880
80
8 S9
862
80
Dec
MOT _ _
Volume: S3a k«s rtio ions.
GASOIL
UJ. del tors per metric ton
Oct 10650 10*75 1«JS 1
109J0 1MO0 1
110J75 111JD0 11075 I
111^ IJZ90 DUO I
3I?£ 111- 00 ,,14 » 1
gJ5 WM 109.00 1
10*75 10*50 N.T.
NUv
K55 1QBJQ I082S
0*75 109 JB 109J5
tax in jo lizofl
0*25 iiijonzoi
D9jo nun Hus
0L5O 11UB 1UJ»
N.T. 70930 1>0l»
N.T. NX 106J0 11QJ0
N.T. N.T. 10*50 nun
Volume: l*SU lots at 100 tans.
Sources.- Reuters and umaan Petroleum ex-
change.
Jen
San Co. Shareholders
Approve Spin-Off Plan
The Associated Pros
PHILADELPHIA - Stock-
holders of tbe Sun Co. overwhelm-
ingly approved on Tuesday a major
restnicturmg proposal that spins
off the company’s $42 billion do-
mestic gas exploration and produc-
tion into a separate operation and
aits 1300 jobs.
The new structure retains tbe re-
futing and marketing of petroleum.
Under tile plan, adopted at a spe-
cial meeting in King of Prussia,
Pennsylvania, shareholders will re-
ceive one common share of tbe new
Sun Exploration & Production Co.
for each common share of Sun Co.
effective Nov. 1.
Spot
Commodities
CammoOitr
«r'” >
Lead, to
PriRtdottavri
Silver, fray a<
Start (bUlets). tan
Start ( screw). Ian
Tltcto
Zinc. n>
Source: AP.
0*4
Today
09?
LIS
133
2mo
uo
050
121
*5196
069
i.»
21X00
US
OSB
424
mat
07
*3143
069
US-Treasuries
Oa. 4
Often**
BM Otter
YkkJ
Prer.
TWO
70
70
ija
Uncn-
7-50
70
IX
. 733
153
70
*14
*14
BU
Offer
YM4
Are*
TWO
10138132 10132/33
*94
IN
MHBM8
4-mwdfeM
HrearbRI
Source; Salomon Brothers.
DM futures
Options
n.GmnmUait-mmiearkt.aunta-em
0a.*
SBtti QdtaieBte MeMBi
M B*r a* Off A tee
UIMB aorta, aaft *ir mA
9 us - ui in
n ij in ui
M Ul CUS uo
9 U! IN u
a tDI IH 13
57 UI UU tu
GftloMwI.illHt
Mb Mm. «df : 3JtHeoeo lilt; WTT
tan: MM Ml: UK oo«i H.: SUN
tat*: ONE
WORLD MARKETS
IN REVIEW
IN THE IHT EVERY MONO#
A WEEKLY REVIEW OF
WORLD STOCK MARKETS.
SSB^mAL READING FOR
INVESTORS AND . \
PROFESSIONALS— r ?'
WORLDWIDE
s
1 :
,S
" , * I :
gs 5:
•r x *
>*55** f
Jft.V/r
Vii^in Group Rang Stock Buy-Back
Poor Stock Performance Hinders Plan for Acquisitions
Jtaaen _ * ■ jL
MSKAHSia ££“*££
x*'* a""
^ , — i connnrmi-
catMHB congksneraie, said To£s-
day its management will buy back
^f-prfsWalS
P«« ^38) a share, the price «
TOK* the shares were floated less
than *™ ^
t* an
l!r l=,j
¥1
-
lur
tjtrwc
Hu offer is bem a
Ltd., reweswi
founders of Vhpn.Thc offer val-
ues the entire company at fids
million, Glowtrack sakL
“The benefits erf a fisting, which
were e x pected at the tune of the
flotation, are not being realized.”
the statement from Glowtrackstid.
viigin s stock was floated in No-
^vartec,l986,ainidablazeQf p nb-
Gtowbadt aid the poor perfor-
mance of Virgin’s shares meant the
com pany c ould not finance signifi-
cant growth by acqmstirai orissne
new shares thrown its listing.
The chairman of Virgin. Richard
*anson, has been oooceraed that
the company’s 40,000 small inves-
tms have been losing money once
the global market collapse last Oc-
tober.
. Mr - Branson said at a news con-
ference that the boy-ont would give
™ freedom to puisne expan-
sion of his business and to make it
one of Britain’s top five private
concerns in volume.
towing the market crash in Octo-
ber, 1987, the stock sank to a low of
83 pence. The stock rose 7 peace
Tuesday to 134 pence a share
A spokesman for Glowtrack
said: “As a consequence of this
duappomting performance erf Vir-
gin s share price, the founders have
^^sidftEod it to be inappropriate to
use Virgin’s listed shares to any
S i gnific ant extent for either Hrypriq-
tion purposes or the financing of
growth through new issnes.”
Mr. Branson founded Virgin in
1970 as a mail-order record busi-
ness, He went cm to wttahHch the
company as one of Britain’s top 10
privately-owned businesses.
Virgin Records, which has re-
corded such jock acts as the Sex
Pistols, Boy George and Culture
Club, is still the core of the empire.
But Virgin Group has widened
ha scope to inritade holdnigs in Inx-
my tourism, cabte tdeviaon, film
production, shops, nightclubs,
publishing and a transatlantic air-
line company. The buy-back offer
does not mdnde the company’s
maj ori ty-owned Virgin Atlantic
Airways.
According to kritiA press
> the co
the company said its founders
intend to contnme trading mala'
the Virgin name and to retain Vir-
gin's three existing divisions: mu-
se, communications, and retail and
property.
Gkwtrack said Virgin has a
long-term investment strategy, par-
ticiilaiiy in music and ccamxuinica-
tioos, winch is expected to delay
overall growth in profit. The man-
agement group said it does not be-
lieve the com pan y should alter its
strategy in response to its share-
price performance.
Mr. ceiri his afrtiiw and
ins entertainment group would be
working doser together. “They wiD
sot formally merge but will be
working as if they were one,” be
Virgin said a
international
Paris-Based Saudi Bank
Aided by French Plan
r&tagtyRcutas
Kdnn) Branson, dminnaii of Vh^GnH^hoUmgaiiiodelofa
jet earlier this year when las antae, Virgin Atlantic, was granted
of four authority to Ry from Loodoo to Los Angeles and to New York.
Room
PARIS — A1 Saudi Banque SA,
a troubled Paris-based hank that
has Middle East connections, is to
continue operations following a
rescue operation that the French
ce ntra l bank said Tuesday h coor-
dinated.
The Bank of France said AI Sau-
di has bear rescued after it lost
around 2 billion French francs
($315 million). It said in a state-
ment that the figure included losses
from both private and country
lending, but it gave no details.
A Saudi Arabian concern, Hari-
ri, the main shareholder of Dutch-
based Al Saudi Bank Holding NV,
which in turn had held a 99.9 per-
cent stake in the Paris bank, bad
into it, but did not
give the amount.
Basque Indosuez, a unit of Com-
Mecca Raises Stakes in Bid for Pleasurama IS 1 ^7
are
fTtfllirtn.
be available to help finanag the
buy-out and the balance will be
working capital for Glowtrack.
The co-underwriters for the fa-
cility are The Bank of Nova Scotia,
Caisse National de Credit Agri-
cole and Standard Chartered Bank
PLC
On May 18, Virgin announced a
pre-tax profit for the half ending
'an. 31, excluding exceptional
__ re-
ports, the deal represents the coun-
try's biggest management buy-out
. It could set a precedent for other Jan exC ii,ninp *
^Tie buy-oat is like the ideal concerns, since the shares of maire items, of £145 nnffiln.
compan i‘i^ in wdl Mow ^^2wi, II S' t0Kndthe
Branson saH I don t know of any pre-crash highs. buvKwt orooosak to sharehr>ldfTs
mana^ng toector who does not Virgin said the buy-out offer is ^oposais shiirdiokte
want to do the same thing.” 16 times the company's earnings
at the end of October and to com-
plete the offer in January 1989.
Champagne Firm Accepts RemyMartin Bid
i ?J T '- r ' , \ -
Raam
PARIS — Kper-Heidsieck, one
of the last of the family-owned
French champagne producers, has.
agreed to a takeover off a from the
French cognac house Rfemy Martin
to protect it from a hostile hritkh
bid, Pqier-Hddrieck’s charnium
- Francois d’Aolan, said Tuesd.
Hie companies struck the
which vatoes Pipcr-Hddsai at
125 Whon francs (SI97J22 mil -
Hon), after between IS pexcait and
hands oo thTltaris Bourse^Mn
d'AuIan said at a news conference.
He said he did not know who had
purchased the stock. “Bat he un-
doubtedly cranes from across the
daond,*’ Mr. d’Aulan said.
Piper-Heidsicck shares dosed
Friday on the Paris Bourse at 2^600
francs, a high for the year. Trading
in the dimes was suspended on
Monday.
R6my said that it would pay
2/iOO francs per share for Rper-
Hridsiecfc- The d’AuIan family has
already agreed to sdl its 56 percent
controlling interest to Rfmy.
The moged company will be the
world’s fOUrth-laigest champagne
producer, behind LVMBMoftt
Hennessy-Lotns Vmttan, Seagram
Ca’s Mumm et CSe^ and BSN.
Rimy Martin, Much also is a
family-owned company, owns the
Krug champagne brand.
Several foreign groups have
down interest in acquiring well-
established French drinks brands
in recent months.
Following the acquisition in
February by Seagram Co. of Cana-
da of the cognac maker Martefl ft
Compagnie. Martini ft Rosa SpA
of Italy won control of B^n&fictine
SA ana a takeover battle with
Rfcmy Martin for the company.
Last month. Agriculture Minis-
ter Henri Nallet of France said he
bad blocked the sale of tire Bur-
gundy vinyard Romante-Conti,
which produces one of the France’s
finest and most expensive wines, to
die Japanese retail group Takashi-
maya.
Piper, France’s fifth- largest
champagne exporter, sold 3.6 mil-
lion bottles abroad in 1987, more
than half its total production.
The takeover wfil leave the pres-
tigious Tarftrn gpr gnu as the only
remaining major independent
French champagne maker.
i *—*VV
' r *•«.
***** -»
BP: Britain Orders Kuwait to Cut OH Company Stake
A***
Mu ■ i e '
it.
m-
im*^ 1 ^
(Continoed from page I)
the London-based investment aim
|0f the Kuwaiti: govennent that
manages one of the worid’s most
extensivB portfolios, reacted angri-
ly to the decision. The office’s hold-
ings in Britain arc estimated to to-
tal about S16 billion, and include a
•5.1 percent stake in Midland Bank
PLC. Britain's fourth-largest credit
institution.
Some market observers in Lrat-
don speculated that the investment
office would pot its entire British
portfolio under review in the wake
of the decision, bat few expected
any significant redaction in its oth-
er investments.
In a statement issued after the
government ruling, the Kuwaitis
said: “The state of Kuwait’s initial
reaction is to be extremely dissas-
tisfied with the way in much the
MMC has readied its conclusion
and with the reasoning on which
these conclusions are based.”
Oil industry analysts in London
woe generally stunned by the ex-
tent ol the reduction ordered. Most
. said they had expected the govern-
'ment to order a reduction to
around 15 percent They said the
Kuwaitis may lose up to £350 mfl-
tion on the investiture, depending
- partly on the price of cruae oil in
tire next 12 months.
“It’s astonishing,” cxr-Iarmad
Humphrey Harrison, director of
energy research at Kitcat ft Aitken,
a London stodtbrokerage. “It’s an
entirely uncalled far punitive re-
sponre by the govemmroL The rea-
sons given are insulting. The gov-
ernment doesn’t seem to realize
how it has offended not just the
Kuwaitis, hot the British sense of
fair play.
“Foreign investors will draw
their own co n d n sons from it as to
the extent erf the govonmenfs free-
maiket philosophy,” Mr. Harrison
said. “It remains to be seen hew the
Kuwaitis will react”
Analysts said they were not sure
whether the Britim government
BP or the Kuwaitis had agreed to
any orderiy disposal of the shares,
or whether any augar buyers had
been lined up.
Tm cyncul of the suggestion
that the government must have
buyers lined up for these BP
shares,” said Mr. Harrison.
Mike Unswonh, a senior oil ana-
lyst at Smith New Court * London
stock brokerage, said he thought
the Kuwaits would at on their
stake for some time until tire direc-
tion erf erode paces, which buffet
shares of BP and other mqox-ofl
companies, is more certain.
“Of all the oil razors, BP is seen.
as most exposed to swings in crude
prices,” said an analyst
The chairman of BP, Sir PdCT
Wallen, revealed his company's
concern about an “ordaty” mroos-
al In a statement shortly after Lord
Young’s announcement, Sr Peter
said: “The primary issue is now an
orderiy disposal of the (fivested
shares, so the market can once
agamvahre the company an its suc-
cessful performance.”
“What tire market seems most
unsettled bv is tire lade of any indi-
cation of the eventual destination
of the stock,” said Jim Joseph, an
analyst with Janies Capd ft Co.
“There is a very good chance that
the shares will not come through
the UX marker and instead be
placed abroad.
Jassam Saadoun, a Kuwaiti
economist in Kuwait, told Reuters
on Tuesday that “Not even tire
most pessimistic analysts said the
cut would be as low as 9.9 percent
It is not a fair decision.
Britain, especially under Prime
Minister Margaret Thatcher Is
to favor free enterprise
oppose restrictions on capital
movements,” Mr. Saadoun said.
“But when they fry to protect their
interests, they act against their own
ideological positions. It is a politi-
cal decision more than anything.”
Reiners
LONDON — Mecca Leisure
Group PLC said Tuesday h bad
made a hi gher and final offer for
the casino owner Pleasurama PLC
in a bid that Mecca valued at £745
million ($13 hiffifm )
Plearorama’s management said
it would urgp shareholders to reject
tire bid. Shares of Pleasurama fdl 8
pence to 223 pence in trading on
the London Stock FTrhang e imma .
tfiatdy after tire bid was rejected.
The erf ex, involving born Mecca
shares and cash in exchange for
Pleasurama shares, followed & pre-
vious hostile bid valued by Mecca
at £741 million- The previous bid
involved a stock swap, but no cash.
Mecca obtained only 23 percent
of Pleasurama equity under the
earlier offs.
Mecca now is offering seven new
Mecca ordinary shares, 10 new
Mecca convertible preference
shares and £3.15 in cash for evesy
10 ordinary Pleasmama shares.
Additionally, it is offering 28
dcw Mecca ordinary shares, 40 new
Mecca convertible preference
shares and £12.60 for every 43 Plea-
surama 7 percent convertible pref-
erence riutresL
SAS:
Texas Air Pact
(Continued from frst finance page)
vantages, most importantly access
to a luge route network.”
Mr. Carizon, who will take a
place on the Texas Air board, add
in the statement, “Our strategy is to
seek quality partnea with whom
we can establish local hrib-and-
spoke systems in different parts of
the warid.”
Continental has beat seeking to
rebuild its image with business
travelers, many of whom stopped
using the airiine when it had severe
problems with its service. The new
Newark terminal has a
vale lounge for business
and has improved the airime’s ser-
vice.
SAS is heavily used by business
travelers, who under the accord
would presumably find it mare
convanem to connect with US.
flights of Continental or Eastern.
In the past two years, SAS has
engag'd m unsuccessful merger
talks with the Belgian national car-
rier Sabena and tried to bey a mi-
nority stake in British Caledonian
only to be outbid by British Air-
ways PLC
In August, it announced a $204
millio n agreement to buy 40
con of tire Argentine state
Aerolnreas Ar gentina* Stream op-
position to that deal has developed
in the Argentinian pa rliament
Half of SAS is owned by the
governments of Sweden, Norway
and Denmark and 50 percent is
held by private investors in those
countries. (Reuters, NYT)
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For every 217 Pleasurama 7.75
percent convertible preference
shares Mecca is offering 70 new
Mecca ordinary and 134 new Mec-
ca convertible preference shares.
Mecca said tire offers are worth
the equivalent of 2453 pence for
each radinary Pleasurama share
and 228.4 pence for each Pteasor-
ama 7 percent pr efere n ce share.
A statement issued by Pleasur-
ama said. “These final offers are
derisory, bearing in nrind Pleasura-
ma’s prospects.*
The eaf&er offer, announced on
Aug. 4, valued each Pleasurama or-
dinary share at 26 1 pence and each
p reference share at 243 pence.
Pleasurama bad pretax profit of
£44.32 million in 1987 on revenue
of £241.21 million.
Rnight-Ridder Sets TV Sale
New York Times Serrice
NEW YORK — In a move to
reduce its debt, of nearly $1 billion
and to focus oo its cable television
and electronic information ser-
Tbe Miami-based media compa-
ny is likely to receive $350 million
to $400 million for the eight sta-
tions, John Morton, a communica-
tions industry analyst with the
Washington-based Lynch Jones ft
vices, Knight-Ridder Inc. said it Ryansud.
would sfl its right netwrak-affiB- J Lut Rnight-Ridder se-
ated televisicHi stations. quired Dialog Information Ser-
The stations mdnde four ABC vices, the world's largest computer-
affiliates, in Albany, New York; based data bank, from Lockheed
Nashville, Tennessee; Providence, Crap, for $353 ntiHioa
Rhode Ttl»nd; and Flint, Michi- “With the Dialog acquisition, we
pm; as well as two CBS affiliates, needed more funds,” Frank N.
m Tucson, Arizona; and Norfolk, Hawkins Jr., vice president for cor-
Virginia; and two NBC affiliates, porate relations and planning at
in Oklahoma City, Oklahoma; and Knigh t-Ririder said Monday from
Mobile, Alabama. his office in Miami
pagnie Finanrifcre de Suez of
France, also pot in funds and
would help manage Al Saudi Ban-
que, said tire statanenL
A banking source said that Indo-
suez injected foods vis Al Bank Al
Saudi Al Fransi. in which it has a
40 percent stake and which will
now take 42J percent of Al Saudi
Banque. Harm would also have
415 percent, the source added.
Outlines of tire rescue were set-
tlal at the central bank on Monday
night after several meetings, a Bank
of France spokesman said. He said
that 44 French-based creditor
banks had backed the operation,
which would allow Al Saudi to con-
tinue its activities.
“Creditor which are not based
in France will not lose in this affair,
and their debts wifi be honored,"
the spokesman added. He declined
to detail tire foreign creditors in-
volved.
The banking source said the final
15 percent of Al Saadi would be
held by BAUF Banque, a unit of
the French state-owned defense
and electronics group, Thomson
SA, which has substantial exports
to the Middle East.
An official at the French Bank-
ing Association said the Bank of
France was empowered under the
1984 banking law to summon all
French-based banks to participate
in such a rescue operation.
Another official banking source
said that 101 non-Frencb-based
banks were involved with Al Saudi
and wonld not be required to pro-
vide funds under the rescue pack-
age.
No official or private
sources were able to say whether
Saudi debts would be written riff or
repaid over an extended period.
Nor could they give tire exact
breakdowns of winch banks pro-
vided what funds.
Gulf Airlines
And Marriott
Form Caterer
BAHRAIN — Three Gulf
airlines have d gned an agree-
ment with Marriott Corp-, the
ILS. food and hotels group, to
buy 50 percent of its catering
service at Heathrow Airport.
London, it was disclosed Tues-
day.
The three, Saudta, Kuwait
Airlines and Gulf Air. have set
up a new company, Manion-
GCC Inflight Catering Service
Cb^ to serve food at Heathrow
prepared according to Moslem
dietary rules.
Daniel AltobeDo, president
of Marriott's airport opera-
tions, declined to pot a value
on tite deal. But industry
sources estimated that the op-
eration is worth about £9 mil-
lion ($15.3 million).
Airiine officials said that tire
three were considering similar
projects with Marriott at other
airports.
O
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INTERNATIONAL
TRIBUNE, WEDNESDAY, OCTOBER 5, 1988
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_ ADVERTISEMENT
INTERNATIONAL FUNDS (Quotations Supplied by Funds Listed) Oct 4th, 1988
y.yww'w wetatlMs »» uponad by the Foods listed wtth Ac axoecffoo of some noom based oo Asm price.
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*»%***'**
REVLON: Perehnan Swings Focus Back From Health Care to Beauty
(Continued from first finance page)
toward the bealih care business. Its
reappearance was no mere coinci-
dence.
The memoiy of Revlon's gjoiy
days, and especially of Mr. Revson
himself, is now invoked by every-
one from the highest-ranking exec-
utive to the saleswoman at & cos-
metics counter.
“From the era of Charles Rev-
son, we were always on the leading
edge of creativity and innovation,”
said Sol Levine, the president of
Revlon and a 20-year veteran of the
company.
For cosmetics expertise, Mr. Per-
rima n toms to Mr. Levine, while
pouring more of Ms own formida-
ble energy into selecting the adver-
tisements and the models who ap-
pear in them.
The desk, in Mr. Perdman’s cor-
ner office at Revlon is turned away
from the wide view of Central Park.
He strides from Ms desk, slips off
his shoes, cuds one foot undo: him
and settles lightly on a chair De-
spite his casy posurre, he responds
to questions with short, rapid-fire
answers.
He said that when he acquired
Revkm me of his first objectives
was to strengthen and pfiti*h the
company name.
“The Revlon name is one of the
best and most recognized brand
names in the worid.” he *aid In
fact, it ranksjust behind Coca-Cola
and Kodak m terms of worldwide
recognition, according to company
studies.
So far, be and Revlon are looking
good. Revlon executives estimate
that operating profit in the core
beauty products business — 580
mflbon in 1985 — wiD Mt $225
milium this year and $300 TnflKftn
in two years. Sales are expected to
top S2J billion this year, compared
with abort $1 bmion in 1985.
And that comes in an industiy
where sales have slowed and buy-
ing patterns are changing. Sales of
cosmetics were once geared toward
young women in search of fashion-
able makeup. Now, the prime con-
sumer is aging and has a whole new
set of cosmetics needs.
To resuscitate the Revlon imag e,
Mr. Perdman launched a glitzy ad-
vertising campai gn around photo-
graphs by Richard Avedon. These
feature celebrities or models and a
headline proclaiming: “The most
unforgettable women in the world
wear Revlon."
hi the cosmetics business, adver-
tising can translate as magic. With
the high, cost of selling and adver-
tising, profits come by marking up
the cost of the product
The customer is fickle, though. A
.new fashion, a new ingredient, or a
new advertising campaign can lure
her away from a product and even a
brand.
In the two years since the incep-
tion of Revlon's advertising cam-
paign, the company has gained
Revlon on Two Fronts
Department Store Safes
Department store sales of women’s Iragrances. skin care and
makeup* in 1987. Market share, m percent. Major brand names for
each corpofauon ate in parentheses.
1987 Sates by Department Stores: $4 billion
13.4% 10%
Cosmair Hevfem
(Lancdma. BrOtherm.^^-^T|^^' > a no-
designer fragrances),/ Avon prodix
2.7* -
Mo6t Hennessy.
Louts Vuition f
(ChristianDior, /
37 \
Estde Lauder \
Presen ptives.
Clinique)
e.o%
Avon Products
f \ (Pariums Stem.
Giorgio)
f J\ "\4.4%
-*"L — \ Fabergd
~ I (Elizabeth Arden.
I Fend), Chiod.
22°.<> I and Karl Lagertek:
•war / fragrances)
/ 2 . 8 %
/ Ghana!
‘ mctfOing pr omoboiul noms
sou with cosmetics
Sotmco Mottui ana Awocwies osfHiWfas
Mass Outlet Safes
Sales of fragrances, skin care and makeup to drugstores
supermarkets and mass volume retailers in 1987. Wholesale market
Share, in percent Major brand names for each corporation are in
parentheses.
1387 Safes by Manufacturers to Mass Outlets: $3.2 biMon
4% 3%
Beecham Procter & Gamble
(Javan. ,
Unilever Noxe*
(Prince /\. \ (Cover Gin.
Matchabeffi. L \ Clanon,
Aziza) / \ Noxzema)
American i / Sctiaring-PIou
CyanamJd \ (Maybeilne)
(Old Spice. \ /
PieneCardin) \ Other \/ 8%
irmg-Ptough
beiHne)
market share of cosmetics sales in
drugstores, supermarkets and mass
market outlets.
The advertising is consistent,"
said Mr. Mottus. the cosmetics in-
dustry consul tan l “It used to
change all the time They have the
lannrfo'mg pad for SUCCesS."
But repeat sales are what make
for a success, and repeal sales occur
only when the consumer is satisfied
with the substance beneath the
wrapping. Mr. Petebnan’s strategy
for a rejuvenated Revlon includes
improving the quality of the Bp-
stidts, nan polishes, shampoos and
fra grances t hat make the reg-
isters ring.
To do this, he and Mr. Levine
increased the m of the research
and devdopment staff at the Rev-
km Research Center in Edison,
New Jersey. They also quickened
the pace of product introductions.
“I see «gn« of new product suc-
cess, and that’s the name of the
game,” said Diana K. Temple an
analyst at Salomon Brothers Inc.
“The company has to gain market
share with new product launches, it
has to improve its relationship with
\ (MaybeiNne)
\/~ 6%
/ Cosmair
^ (LOrdal)
Source. Uomtt Lyncti oslimalta
The New Ywl Taxi
the retailer and improve profitabil-
ity"
Revlon’s new shampoo and con-
ditioner, Clean & Clear, was de-
signed to keep hair free of film.
According to NeB Katz, president
of Revlon s beauty care division, it
is “the biggest success that Revlon
has had smee Jontue and Charlie,”
its two popular fragrances.
The shampoo commands 2.5
percent of the SI 3 billion shampoo
market and the conditioner ac-
counts for 4.4 potent of its S595
million market
But the company miscalculated
Clean & Gear’s potential and is
struggling to keep up with demand
for theproduct-
Meanwhile, Revlon’s prolific
Max Factor division has also had
problems supplying stores with
some of its other new. popular
products, such as Erace Line Filler,
a thick makeup that fins in crow’s
feet and laugh limy
The company’s No Color Mas-
cara, a clear gel that coats each
eyelash with a glossy sheen, is.rec-
ognized as a blockbuster.
“Tve been in the beauty business
for 30 years,” said Allan Kurtz-
man. president of Max Factor,
“and this has been the most suc-
cessful product introduction I’ve
ever seat.”
And now Revlon is attempting
to lighten the load of women's ever-
bulgmg tote hags with its Micro-
chip blushes and eyeshadow com-
pacts. which are only slightly
thicker than credit cards.
Against this backdrop, one new
product from Revlon has struck
some industry experts as remark-
ably retrograde The fragrance.
Trouble, “began as a notion that
women like mischief, adventure
and a level of chance that isn’t
scary or overtly sexual” said Ar-
thur Cohen, executive vice presi-
dent and director of advertising at
Revlon.
That may be the notion, but the
message in one Trouble advertise-
ment is scary enough. In it. an un-
shaven man sits ai a bar, and, in
another frame, a woman wearing
evening clothes and a glittery ban-
gle relaxes in a caffc. It looks like.
weU, trouble.
“It’s the morning after.” ex-
plained Mr. Cohen. This image is
akin to the daring, dangerous sexu-
al mood projected most successful-
ly by Calvin Klein’s Obsession in
1985.
But Calvin Klein's new fra-
grance, Eternity, and many others
launched recently, such as EstAe
Lauder's Knowing, are using more
tara:^ advertisement. Given the
of the casual sex^that the pbottv
graphs for Trouble imply, Revlon
may be taking a risk.
The balance of Revlon's business
has been skewed, with power in the
mass market outlets and weakness
in department stores. Mr. Perdman
wants to right that balance by bol-
stering the company’s department
store business.
To do this, he acquired Halston
in 1986, Germaine Monteil,
Charles of the Ritz and Alexandra
de Markoff in 1987 and Visage
Beauttin 1988. These IMes join &
company’s Ultima II and Princess
Marcella Borchese brands, and the
Bill Blass andNorefl fragrances.
Most of these brands are old and
in need of a jolt of energy. But even
with plentiful brands, Revlon is in
third place in sales of department
store cosmetics, with LancAme in
second place and Esi£e Lauder in
first.
. To focus the brands and to im-
prove the delicate relations be-
tween Revlon and the retailers, Mr.
Levine hired Robert A. NeDsen,
then the president of Frescriptives,
a division of Estte Lander Inc.
“The company had some great
product lines with wonderful
its way,” said Neflsen. Many
consumers saw these products as
dnlL
All you need
to do business in Europe.
I n todays Europe, co-ordination of business
activities is important In tomorrow^ Europe,
it will be essential.
As one of the worlds largest firms of accountants,
tax advisors and management consultants,
with 219 offices in 20 countries in Europe alone,
Tbuche Ross International can help you.
The quality of the financial expertise of the
ten thousand people in our European business
centres is known and accepted.
We can give you the local knowledge you need,
make the introductions and provide a full range
of services across the continent,
all co-ordinated through one of our senior
partners. Tor all you need to do business in every
key city in Europe and worldwide contact us.
& Touche Ross International
EO. Box 6639. 8023 Zurich, Switzerland. Telephone: 4- 411 211 52 33.
INTERNATIONAL 1TF.BATJ1 TRIBUNE, WEDNESDAY, OCTOBER 5, 1988
WE CAME THROUGH
WITH FLYING COLORS
‘KLIM announces the departure
of KL880 to Amsterdam/
A khamsin wind off the desert
has pushed the temperature in
Dubai up to 116°F. Although past
midnight, the skin of the aircraft Is
too hot to touch.
We take off and climb smoothly
to 40,000 ft. The sea of air outside
is rushing past at -84°F, colder than
the South Pole.
KL880’s tough polyurethane
paint must cope simultaneously with
these extremes.
Dawn breaks over a fleecy layer
of cloud 30,000 feet below. But the
stratospheric sky is clear.
As the sun lifts behind us, vast
amounts of ultra-violet radiation
bathe the aircraft.
Under this onslaught, human
skin would perish.
KL880’s painted skin neither
discolors nor fades, neither cracks,
flakes nor peels.
This is because one of its
layers is ‘Aerodur Clear coat* that
contains powerful ultra-violet
filters.
Over the Alps, we fly into a
thunderstorm. Twice, although the
passengers don't realize it, light-
ning flashes near the aircraft.
KL880’s paintwork is not even
blistered.
Nor does the rain loosen the
paint.
But why should water succeed
where snow; sleet, hail, de-icing fluid,
hydraulic fluid and aviation fuel have
failed?
KL880’s paint was developed
by Akzo, one of the world's big-
gest chemical companies: 70,000
people active worldwide in chemi-
cals, fibers, health care [where our At 8:25 am, KL880 lands at; ~ '
work includes cancer research and Amsterdam, as fresh and glossy ^
AIDS diagnostics) and, of course, when she left Dubai,
coatings. No wonder today so many of V:
It’s quite likely that your car the world's passenger aircraft fiyV
is equally well protected by an our colors.
Akzo finish.
And if you’re one of those jJ
traditionalists who like fountain ^ A?
pens, we may well have made the M
dyes for your ink. W
[We’re also, as It happens, the
world’s leading producer of kidney
dialysis devices, industrial yarns
and salt.)
For further information please contact Akzo New York at (212) 382 55**.
Dollar Mixed Alter Technical Rally
AnnMhi Ou> ChXT K "
Caupgedfy Our Staff Fim, Oamdu,
— * The dollar
inn** after active trading
^foraday, rocking up against most
{toreaa« buj felluig against t£
yen and die Qwwtj^ dollar.
Dealers attributed the contacts
^oity pins to technical factos
rather than fundamental strength
notmg ttat operators were
tot totda positrons ahead of the
US. employment data for Septan-
bra; to be announced Friday
Traders said the market was in-
dmed to sell dollars, but a drop in
the Batin pound prevented ihe
U-S. currency from falling across
^ jwwd. The British govern-
mentrs decision to order the Ku-
wait Investment Office to shanrtv
reduce its holding m British Petr£
Co. sparked speculation that
Kuwait might unload sterling.
The dollar rose to 1.8648 Deut-
sche maria at the dose from 1.8618
DM oa Monday, while it advanced
London Dollar Rates
Qbm
OtatiOi mart
P^owJneriitt
waiting far direction from the re-
lease or the U.S. employment fig-
ures.
The dollar fell .below the support
level of 1.8580 DM u> touch a low
of 1.8S6S DM, but soar recovered
and drifted bade up. It dosed at
l .8605 DM, down digltfly from
Monday’s L8613,
The dollar dipped to 133.18 yen
from 133.65 Monday, and feu to
63375 French francs from 63380.
But the U.S. currency advanced to
13790 Swiss bancs from 13787
m me session ana men rma-
m ^. 5 T orI ’ 423105 5aid -
^ 5® Dar Tbg y U.S. currency wfll
fraBCS t f adc m Iowcr ranges for the rest of
no*n Monday s 63385. the week, noting that the maitu is
Sirin (nac
f’nwbftvK;
Source .- Ontmv
i* . The dollar dipped to 133.18 yen
U 1 “““S from 133.65 Monday, and fell to
JV-ra? F* 5°“ PI 65 63375 French francs from 63380.
El?,. 1 #* Caa8dian But the UJS. currency advanced to
a 13790 Swiss francs from 13787
7he dollar mroaDy seesawed on fames, ft also famed against the
British pound, which eased to
huts states mthin OFEC Saudi JU963 from SUMS on Monday.
Arabia has threatened to Hood 4 l i . . J
*£issic£sz
In London earlier, the dollar “People are dealing a lot on
closed little changed after slipping ™5 rts -’' raid a European dealer,
carrier in fee session and then mid- ' arc still quite a few sen
ing strong support, dealas *»«t orders. I think 1.8550 DM win be
They raid the U.S. currency will teste ** again- w
trade m lower ranges far the rest of The pound, too, could face a teas
the week, noting that the market is at $1.70. (AP, Reuters)
Finnish Bank
Suspended
As a Broker
Reuters
HELSINKI — A s un-
owned bank, Postipankki Oy,
has been suspended from act-
ing as a broker cm the Helsinki
Stock Exchange for two
months foe violations of the
bourse's rules, an exchange
The exchange's board of di-
rectors also gave Postip ankki
30 days to lodge an appeal
with the supervisory board,
which is a more senior body..
The spokesman said Posti-
panklri broke rales by f ai ling
to tell the exchange it had ac-
quired more than 10 percent of
me wholesale company ha-
purien Tuklcn Oy in August
On Aug. 1(L Postipankki
owned 32.4 percent of Lripnr-
iea Tukku. But the bank's
holding was reduced to 93
percent the following day. On
SepL 13 the bank’s stake stood
at 4.1 percent, the bank said
on Monday.
Lee Angela Times Service
SEOUL — President Rob Tac Woo predict-
ed Tuesday that South Korea would enter the
ranks of advanced industrialized nations by
1992.
He also announced that the country would
reduce its dependence upon exports for growth.
In a major budget speech, Mr. Rob told the
National Assembly that before his term ends in
1993, Sooth Korea would be transformed into a
creditor nation. Choly two years ago it had the
fourth-latest foreign debt in the world.
The South Korean currency, the woo, “will
then become an fritwnnfinral currency, en-
abling our citizens to travel around the world
with only Korean money in their pockets," he
controls and crooning of South Korea’s capital
markets — an of which are sought by the
United States — will be carried out “on a
Although he was not specific about target
dates, Mr. Roh said that the deregulation of
banking, liberalization of foreign-exchange
He also said “a better balance between ex-
ports — on which we have been depending
heavily for growth — and Aunff gt fc sales
would be achieved. His speech marked the first
time a South Korean leader las deenxpbasacd
the need fa- exports, 40 percent of which have
gone to tiro United States in recent years.
The president said an increase in per-capita
income from slightly above $3,000 last year to
56,000 in 1992 would ensure steady growth of
the domestic market. Leading-edge industries
will continue to expand, and tiro government
will invest more in infrastructure, “virtually
assuring an annual economic growth of around
8 percent-”
The president made it dear, however, that be
is not mimicking Japan, which has promised to
seek its growth entirely through domestic de-
mand. Mr. Roh predicted that South Korean
exports would enmb to 590 billion in 1992,
“malting Korea one of the IQ largest trading
nations m the world."
Last year, the nation had $473 billion in
exports. The U3. Embassy in Seoul predicted
that total South Korean exports will rise to
S573 biBkro tins year.
Sounding a word of caution in a reference to
the increasing demands of organized labor, Mr.
Roh raid South Korea’s economic success
threatens to create “public expectations and
demands (that) are likely to soar to unrealistic
heights.” He warned that “no one can came up
with a magic formula to satisfy the aspirations
of ail dozens in one fell swoop.
TRADE: Asian Nations Play Greater Role in Balancing Trade Inequities
OIL: Warning by Saudi Arabia Sends Prices Lower; Further Falls Possible
(Gnfimed from page I)
warned that “Saudi Arabia had
done enough for OPEC."
It said that Saudi Arabia, the
world's largest oO exporter, has al-
ready reduced its oil production
/from a high of 10 Ttviffinn bands a
day in 1981 to the present level of
cess an income that the official
statement estimated at $109 ba-
ton.
“It sounds Eke a declaration of
independence from OPEC," com-
mented a senior OPEC official who
asked not to be identified. “We are
heading for very rough
Arab ad industry officials said
that the mmssally blunt Saudi
statement reflects Saudi Arabia’s
deep concern that Iraq and Iran,
along with other Gulf od producers
Kuwait and the United Arab Emir-
ates, are moving in the aftemath of
the end of the Gulf war between
Iraq and Iran, to secure a larger
share of the world’s market.
Iran and Iraq have already sig-
naled their intent to boost output
in order to secure larger od reve-
nues for the nxxmstrnction of their
shattered economies. Than is a
suspicion in Saadi Arabia that both
giant military countries are looking
at Saudi Arabia to sacrifice some of
its production, which now stands at
dose to 5 million barrels a day.
Iraq recently served notice that it
plans to hang cm to its ament out-
put of 2.7 min ion bands a day, I
million bands above its OPEC
ceding. The Iraqis hinted that they,
may increase output to more than
33 million barrels a day when they
complete work on a pipeline next
year.
Kuwait has poshed its output
ova the past tew weeks 600,000
barrels a aay above its ceding of 1
mfllinn bands. And Iran is busily
iuction closer to 3 nxQhoa banrebsa
day, a gainst an official OPEC quo-
ta of 23mflHoa barrels a day. The
United Arab Emirates has nearly
doubled its production over its
quota of 940,0000 bands a day.
“Unless oQ production in aS
these countries comes down, we
win ccKuader there is no agreement
to which we are bound,” said a
Saudi oO industry official who is
familiar with official policy.
“Wads are no longer enough,"
added a Saudi industry executive.
“This is the roughest statement I
have seen in years,” said the busi-
nessman of toe Cabinet statement
“Our ofl revenues ha* fan*w so
much we expect a deficit of $15
MQian this year if not man. No one
m Saudi Arabia can agree that we
keep on cutting production just so
that others take it away.”
OPEC is scheduled to meet again-
on Nov. 21 in Vienna .
(Continued from page 1)
and tiro United States simply can-
not be solved by our two nations
alone,” said Hirohiko Okmnnra,
chief economist at Nomura Re-
search Institute “Bui if we bring in
the NICs as a third party, a vicious
circle becomes virtuous.*
Reflecting both the high dollar
of the early 1980s and tiro U.S.
currency’s devaluation against the
yen since 1 985, the U.S. deficit with
the little dragons has mounted fast-
er than that with any other region
for most of this decade. At its peak
last year, the deficit reached $37.1
fashion — Taiwan accounted for
almost half of that
One consequence of this trend
has been the increased prominence
of trade between the United States
and the four Asian nations since
1980, when U3. trade across tiro
Pacific exceeded its trade with Eu-
rope for the first time.
Trade among the four dragons,
Japan and the United States in
1987 stood at more than $600 bd-
fioo, or 1 13 percent erf total world
trade — nearly doable its propor-
tion of world trade in 1980.
In this contort, tiro sensitivity of
the NICs to changing growth rates
and exchange rates — their “elas-
ticity” in these areas — has taken
an greater s ign i ficanc e, economists
contend.
Assuming similar rates of growth
in any given period, for instance,
the NICs are likely to show import
growth u twice tiro rate of Japan,
according to a new study by the
Nomura Research Institute. The
study also showed that Japan’s im-
ports from the four dragons would
from the United States under tiro
sane conditions.
Similarly, the Nomura study
showed that two-way trade be-
tween the United S tates and Japan
was less sensitive to exchange-rate
adjustments than trade between
the United States and the four oth-
er nations.
Why have these distinctions
emerged? For one thing, Japan’s
import barriers — nylnriing non-
tariff factors such as its distribu-
tion system — contrast sharply
with liberalization programs
launched over the past year m Tai-
wan and Sooth Korea. Japanese
investment in the four other coun-
tries is also improving their capaci-
ty to penetrate tirolapanese mar-
ket.
Another factor is the develop-
ment of the four dragons to a stage
in which demand for capital goods
and high- technology items is likely
to remain strong under almost any
circumstances. Consumer products
from the United Stales — from
photographic film to breakfast ce-
reals — are being snapped up in
these new markets, -where current
growth in personal consumption is
as high as 15 percent.
“That is an unusually high num-
ber,” said Takashi Oyama, a Bank
of Japan official who recently pub-
lished an analysis of triangular in-
terdependence in the Pacific. “The
NICs will need more time — per-
to become setf-suffideni enough to
break this pattern.”
Mr. Oyama and other econo-
mists caution that the four dra epos'
importance in the trade-adjust-
ment process has been exaggerated
to some extent, chiefly by govern-
ment-directed gold imports of $4
billion in Taiwan earlier this year
and by a surge in imports just after
Taipei announced a sweeping liber-
alization scheme in Febnuuy.
Indeed, some trade analysts
question whether the four nations,
some of which still face problems
12 Month
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of income distribution and under-
developed markets, can sustain the
position in the trade triangle that
they have staked out in recent
months.
“Economic transitions of this
son are important in the long
term,” said M arc Faber, managing
director of Drexel Burnham Lam-
bert (HK) Ltd. “Bat these are in-
fant economies, in which the bulk
of the population stQl has no pur-
chasing power. What global impact
can they have?”
No one is yet able to answer that
question with certainty. But high
fjnited Statesand furSoraiTmcy
appreciation among the NICs
would make the phenomenon per-
manent in coming years, econo-
mists say.
If the four dragons' currencies
appreciate IQ percent the Nomura
study says, their combined surplus
with the United States would be
reduced by a further $13 billion in
tiro year it took place, and more
than $9 billion the following year.
The same result could be achieved
through a reduction of U.S. growth
from its current level of 4 percent
to 2 percent, the study projects.
St. Nit
ON. YVL PE MBS Ml* ljW> 4PJft.Chtoe
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to
BOOKS
COLLUSION ACROSS THE JORDAN: King
Abdullah, the Zionist Movement, and the
Partition of Palestine
By Avi Shlaim. 676 pages. $40. Columbia University
Press, 562 West 1 13th Street, New York, N. Y.
10025.
Reviewed by Kathleen Chris tison
I T HAS become a commonplace, when discussing
Israel's creation in 1948, to portray a beleaguered but
plucky little infant state fighting off marauding armies
from five Arab nations, ready but Tor Palestinian intran-
sigence to live alongside a Palestinian state in accordance
with the UN Partition Resolution, anxious to make
peace but unable to find a partner among any of its
neighbors. None of this has ever been precisely true, but
only recently have researchers begun to air a more
accurate version of the story.
Israeli scholar and Oxford University don Avi Shiaim’s
contribution to this revisionist literature is a thoroughly
researched account or 30 years of contacts between the
Zionist leadership and Jordan’s King Abdullah, contacts
aimed at fores tailing creation of an independent Palestin-
ian state and assisting Abdullah in taking control of the
Arab parts of Palestine. It is a fascinating story of duplici-
ty and cynical double-dealing.
Abd ullah wanted from the be ginning of his monarchy
in 1921 to take over all of Palestine, giving the Jews local
autonomy under his rule. This was unacceptable to the
Zionists, but they maintain ed contact with him through-
out the 1930s and ’40s because he was useful: He was a
pragmatist, able to recognize when the Zionist move-
ment had become loo strong to be denied a pan of
Palestine, he was not anti-Jewish and. above all. he hated
the Palestinian leadership.
This made for a nice partnership, and in 1947, 10 days
before the United Nations voted to partition Palestine
into an Arab and a Jewish state. Abdullah and the
Zionists reached an understanding that, when the British
left Palestine, Jordan would move its army into the Arab
sector.
The partnership had its ups and downs. Abdullah
pledged not to invade the Jewish pan of Palestine, but
the Zionists never agreed to similar constraints for them-
selves. and the two armies clashed in Jerusalem when the
Israelis attempted to take the city, which was to have
been internationalized, and a corridor to it. which was in
territory allocated to the Arab state.
Shlaim demonstrates that the impetus behind the
other Arab states' military move into Palestine was as
much anti-Jordanian as anti- Israeli and that much of the
fighting in which Israel engaged was seif-initiated, de-
signed to take more territory in the Arab sector. Indeed,
the Zionist, and later the Israeli. leadership comes across
in this book as strong and confident and rarely in doubt
about Israel's fate — in no small measure, of course, for
the very reason that Israel had this “tacit alliance” with
Abdullah. Israel is shown in Shi aim’s book to have been
almost always in control, militarily and diplomatically,
and to hare outnumbered and easily outmaneuvered the
Arab armies facing iL
Shlaim admires Abd ull ah's w illing ness to deal with
the Israelis, and he believes that Israel's early leaders,
because of victory-induced complacency and reluctance
to set limits on their horizons, missed a golden opportu-
nity to conclude a formal peace with Abdullah and other
Arabs.
Forgotten throughout these Zionist-Jordanian deal-
ings were, of course, the human consequences. The
Palestinian leadership at the time was hardly blameless,
but neither Abdullah nor the Zionist leadership ever
really cared that they left millions of Palestinians
without either security or land.
As is abundantly clear, they did not solve the Palestin-
ian problem by trying to ignore it or smother it Shiaim’s
book shows that, in the complex world of Middle East-
ern politics, where states' interests overlap, Israel's kind
of insularity and Jordan's attempts to go it alone simply
cannot wont in the long mo.
Kathleen Christison is a former Middle East political
analyst with the Central Intelligence Agency.
Wbrid Stock Markets
f 'ia Agence France Presse (losing prices in local currencies, Oct. *
YornotcrnSes
NOW •"‘•“iSSf 1
Previous : 272SJ1
.l 1 " JJ
Cl«a Prwu.
mso 470
uiso mao
3S8JB 289.50
2628026140
1S9.SC W
271267.3}
XO 554
Close Prov.
Doe Co. 171 171
Dixons 144 1C
D rt c forHeln S W n
Ftaons 2SZ 249
Frwoolds 7* 7M>
Gen Accident Ml 877
SEC 15« 156
GKN 315 306
GlOXO 1043/641039/64
Grain Mel 454 406
GRE 177 177
Guinness 323 321
Ckis 1A 1»
Hanson 144W USVj
Hawker 514 512
ICI to 19/64 10 M.
Jaguar 257 256
Lands Sec 5g 563
Legal and Gan 307 308
2775
1200
Lloyds Bank
Lonrho
Lucas
Marks & So
Maxwell Com
Metal Bax
Midland Bonk
NoLW— t-Bfc
Peuison
PcndO
PllkJnotan
PrtxJnrttal
Race I Elec
314 314
334 335
594 594
167 163
184 T8S
255 251
415 414VS
546 S45Vj
752 752
Stf 564
211 209
15414 155
156 156
m 2w
R unU t unte lnS 6me 5W
Rank
Rood i n ternal.
Reuters
Rotts-Ravce
Rover
Royal Dutch
RTZ
Soatchl
5alnsburv
Sears Hold I no
Shed
5TC
SM Chart. Bk
Storehouse
706 701
410 414
500 499
13114 130VJ
77 97
6141, 6216
445 439
350 350
194 1«
131 127
963 9S9
776 279
539 540
1H 181
Sun alliance 10 3/64 101/64
Tate and Lyle 9(77 805
BRIDGE
Arbed
3470
3425
BalkOert
12000 120U
Cocfcortll
314
310
Cobepa
5570
5560
Dothatie
4845
EBES
4535
4600
GB-inno-BM
1274
1274
GBL
3510
1520
Gevoert
7850
7850
Hotxjken
TMO
9380
Intercom
3550
3575
Kredtelbank
4270
4200
Petroflno
14100 14250
Rovole Belpo
5300
5280
5oc Gen BqiM
5590
5590
Soft na
12550 12700
Sotvay
13050
1X225
Trodebe 1
8070
B170
UCB
9350
9450
unora
2755
2765
Vletlle Monlogne
8400
8450
Currant Stock Index ; 5796 77
Prwioos : 5269.27
Tesco
Thorn Eml
T.I.Grouo
132 13194
631 638
350 351
T ratal oar Hoe 31094 311
THF 266 267V4
Ultramar 253 256
Unilever 654 454
Uld Biscuits 285 287
Vickers 171 171
war Loan 3V4C 38943823/32
Wellcome Go 506 497
Woolworth 249 2(8
F.t. 3a index : 1457^0
Previous : 14SSJC
F.T 190 index : 1807.38
Previous : 188248
iJIII, . ■
mmlm
MW
Mir»v,LiiiJiit Jir
5 iV; , l
[H t * Ml 1 1 1 1 f:|i] tKiUti i m i H ■ r 1 1
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Banco Santander 958 938
Bartesta 1045 1035
CEPSA 460 471
Droaadoe 417 42S
ExoLRIo TlntO 355 370
HLdroelec. Em 71 92J0
Iberduero 1283129.50
Teleton tea I8L75I87.S0
Cereeos
City Dev.
DB5
Fraser Neave
Genii no
Harrisons Plant
How Par
Hume
Irtehcaoe
Kamel
KL Keoong
Lum Chans
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OCBC
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United Overseas
Straits Times led.
Previous : 102X05
£90 UJ
2.92 3
745 740
635 6-75
488 496
458 458
£02 106
145 145
540 555
ZU 273
374 352
135 1.40
474 482
730 7.45
118 170
430 440
112 118
5X1 5.45
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1L10 1130
7.10 7.15
6.9S 7.10
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116 134
476 482
133 135
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13 Chorus member
14 Vanzetti's 1 921
co-defendant
15 Brusque 22 gpjj
16 Vodka drink — JK
18 Bradley or 27
Khayydm
18 Amount
20 Certain Greek
tetters
21 Cantrell or sa w Iij
Turner 1
22 Swab 47 l^G
23 TV newsman Kt
Roger 51 52
25 Lustrous fabric
26 Ran when
wetted gl
28 Like Oliver's
gruel ration g
31 Tatter
32 Make sense sa gUg
34 Unremarkable — — — BO
36 Bonkers « ,
38 Stein flower “ ‘
39 Revolving tray
43 W. German city a 061 9®
47 Fruit drink 9 Playthings
48 Leaked slowly
so Cast it Teheran native
predecessor ia0dd
51 ” ide . w _ IS Soft drink
53 Nanny s baby noahe.e.g.
22 Yuppie's deg.?
ssKranepoolwas uu S am
56 A Fitzgerald “SSty
57 A First Lady's **
monogram 29 TVs Rockford
59 Kind of column 30 .rr - ”
WEATHER
DENNIS THE MENACE
New York Times, edited by Eugene Malesha.
EUROPE
Algarve
Amsterdam
Athens
Barcelona
Belgrade
Berth)
Brussels
Budapest
Co pen haven
Casta Del Sol
Dublin
Ednburati
Florence
Frankfurt
Geneva
Helsinki
Las Palmas
Lisbon
London
Luxembourg
Revklavlk
Rome
Stockholm
Strasbourg
Venice
Vienna
Warsaw
Zurich
OCEANIA
Auckland
Sydney
HIGH LOW
C F C F
24 75 19 66 cl Bangkok
20 68 8 46 Ir Belilnp
25 77 15 S» fr Hone Kano
24 75 17 63 Cl Manila
20 68 6 43 cl New Delhi
19 66 6 43 tr Seoul
21 70 9 48 fr Shanghai
20 68 5 41 (r Singapore
17 63 8 46 fr Taipei
HIGH LOW
C F C F
32 90 26 79 r Anchorage
18 64 12 54 sh Atlanta
30 86 25 77 Ir Boston
32 90 26 79 St Chicago
35 95 24 75 tr Denver
25 77 15 5« Ir Detroit
25 77 21 70 o Honolulu
35 95 30 86 a Houston
29 84 29 84 a Los Angeles
22 72 IB 64 o Miami
Minneapolis
fr Seattle
_ Toronto
0 Washington
28 82 If 66 fr Tokyo 22 72 IB 64 o Miami
14 57 11 52 r . r „.„ . Mlnneopol
13 55 7 65 r A FRICA Montreal
« W 12 « n Atokr * 31 88 22 72 a
» 2 !i « 2 Cape Town 19 66 13 55 sh y , _ y ° r *
5 2 « Casablcnen IS 77 17 63 d g"?™*
78 R2 70 61 fr MOrnr ’ 30 86 15 59 tr
28 B2 7u m tr | nom aq Toronto
» “ " « ► N«l^t)l 13 55 a SSJ*
16 61 10 a a Tunts 29 B4 ib 64 cl MIDDLE
3 “ S g ,r 0 LATIN AMERICA
7 *5 o BoefllJS Aires 18 M 12 54 o Ca irn
is g* in so n Coracos — — — — no Damascus
24 75 16 61 cl U,TM 19 46 14 57 0 Itfanbul
13 55 B 46 a Mexico City 22 72 14 57 cl Jerusalem
18 64 10 a cl Ain de Janeiro 23 82 20 68 tr TelAviv
'! tj » ci-cioud*:fo-»ocgvilr-folr:tHwll;o-overcast;(
26 79 16 61 2 ih-showers. sw-snow; st-stormv.
NORTH AMERICA
HIGH LOW
C F C P
Anchorage 9 48 4 39 d
Atlanta 21 70 10 a fr
Boston 15 a 9 48 r
Chicago 10 50 I 14 pc
Denver 13 S5 S fl d
Detroit 11 52 3 37 d
Honoialn 31 88 23 73 PC
Houston 26 79 12 54 fr
Los Angeles 26 79 17 *3 pc
Miami 32 90 25 77 pc
Minneapolis 8 46 -2 21 pc
Montreal 10 a 2 36 C
Nassau 30 86 24 75 fr
New Tor* 15 59 9 48 d
San Francisco 21 70 14 57 pc
19 66 14 57
12 54 3 37
20 68 10 SO
79 B4 18 64 cl MIDDLE EAST
. Ankara 16 61 12 52
7 45 o Boanos Aires 18 64 12 54 o Cairn JU » <1 m ir
u g in n a Caracas — — — — no Damascus I 14 fr
24 n 16 61 cl Urna 1* 66 14 57 o Istanbul 21 70 15 a d
13 55 B 46 o Mexico City 22 72 14 57 d Jerusalem 25 77 16 61 d
18 64 10 a d Ala de Janeiro 23 82 20 68 tr TelAviv 29 84 19 66 tr
’! ** \ Jl d-ctoudv; to-toggv; lr-fa|r; twwll; o-overcost; oc-partiv doudv; r-raln;
26 79 16 61 d sH-thowers. sw-snow; st-sformy.
14 St 6 43 cl
!’ 5* " ® g WEDNESDAY’S FORECAST — CHANNEL: Rough. FRANKFURT: Cloudy.
’ “ l 7 s y Temp. 16 — 9 >61 — 48) London: Showers. Toms. 15—12 (59— S4|.
M 0 44 fr MADRID: Fair. Temp. 23 — 12 (73 — S4l. NEW YORK: Partly doudv. Temp.
19 46 5 41 fr 15— 7 ia— 451. PARIS: Raia Temp. 16— 10 141— a>. ROME: Fair. Temp.
14 a 10 a sn 25— 10(77 — ai. TELAVIV: Notavailoole.IUSiCH: Ocud/.Temo, 16 — ♦ ... . _ — . .
141—48). BANGKOK: Thunderstorms. Tema 22 — 26 (90 — 79). HONG 'Mo WUll QOU lAUCT BP DDCTIV flfTlI All U1C. RiQy'
— KONG: Fair. Temp. 28 — 24 (82 — 75). MANILA: Thunderstorms. Temp. «IK.V*lL3Uri ArIL&l DErNCIIT /1U. IH& QnoT
18 44 14 57 d 22— 25 (90 — 77). SEOUL: Foosr/. Temp. 26— 15 (79 — 59). SINGAPORE: PimlCPQ ABF IKl Ri kTXC AWTIUUUtTP *
35 9S 22 72 tr Fair. Temp. 33 — 22 (91 — 721. TOKYO: Foggy. Temp. 22 — 17 (72 — 63). r»v.i rva-lie WVh PWJ wni| U.
30 B6 29 84 fr
X 86 — — »r
2) 70 15 a d
25 77 16 61 d
29 84 19 66 fr
d-cioudv; fo-tosgv. ir fair; h-haii; o-overcast; pc-partir doudv; rnuln;
sh- showers, sw-snow: st-sformy.
k 1 1 - i
MANAGER
BY SHB?RY BUCHANAN.
IN THE 1HT EVKY THURSDAY.
ESSBsTTIAL READING FOR
EXECUTIVES WORKING IN
THEINTB^NATO^IAL i
MARKETPLACE *
THAT SCRAMBLED WORD GAME
g by Henri Amok) and BoD Lee
Unsoamble these four JumtKas,
one letter ro each square, 10 fomi
lour onhnary words. . .... . .
YUSHK
COAME
FLYJOU
THELAH
WHEN A C OWAKP
GETS INTO A "JAM,"
YOU CAN EXPECT
HIM TO POTHJS.
Now arrange the circled letters to
form the surprise answer, os sug-
gested by ttw above cartoon.
(Answers tomorrow)
Yesterday's
Jumbles: CURVE BERTH ENZYME HARROW
Answer What the male s hee p shouted In ordar to get
Ns mate's attention- “HEY, EWE"
PEANUTS
I can't HELP THINWN6
THAT THIS WOULD BE A
BETTER UJ0RLP IF EVERYONE
UlOULP LISTEN TO ME.,
ANDY CAPP
MAYBE U'E COL'LCT
vARRANeE IT... J
TO fc=7 THEA\ ALL '
IN ONE ROOM ..I HATE TO
S^5AY THIN65 TWICE.. J
61 Wildly amusing
one
62 Apple dessert
65 Poker-pot
builder
66 Cat-farm ly
merrdaer
67 Forefather
68 *
Mis&abies’
69 Down at the
heels
70 Specialty of 56
Across
DOWN
1 Curie's milieu
2 Everything
counted
3 Bent over
4 Lampblack
5 Sanctuary
6 Houston or
Snead
7 Sheridan’s "The
School for
Wayne film
33 Wild West band
35 Quip
37 Fast Eddie's
stick
39 Football pass
40 Sweet girt of
songdom
41 Fanatics
42 Ratify
44 Middle East
language group
45 Sister of Orestes
46 Snood
49 Fine; tender
52 Surfeit
54 Gang
57 Rudiments
56 Buffalo's lake
60 “The
Untouchables"
hero
63 United
64 Hitherto
W>?!
m
I THINK I'LL START
X- USING THE -<
LB'JWNG LIBRARY...
REAL. LIFE SEevlS TO
■»_ HAVE NO PLOT, — -
BLONDIE
BE ON TW5 AlEKT
~ TOMORROW , ^
( I'M GOING TO
^j^OVEaSLEeP
rl 5j
im
If/SC,
Af 10 :'LL 3S TSARifiS CUT C=
MERE LIKE A CAWNCNSALL
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I MO ELSE PLANS
L. OVSSSLEEP1NS
IN ADVANCE ?
WIZARD of ID
~ ~ ^
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f &&UAO*
BY
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loo zmuf'fe
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L\ rout \av> [
BEETLE BAILEY
REX MORGAN
SIDES, I DONT know WHy EVERV-
ONEJS MAKING A BIG PEAL OF IT'
Solution to Previous Puzzle
SQDQ EJUULJ □□□□
□oaa aBmiEDa mmaa
HE31UEI QQQDQ QHQQ
□aa oaaa aaiaaaa
lkbqqq [naaain
saciaaa qqhq □□b
aataaBB oiaa Giaaa
□□oh □□[□□□ dans
aaaa aaa acianna
□aaoD aaaaa
03B0BQ nans QJQS
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bbibb aanaa aaaa
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it
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PTTERNATIOWAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 1988
Page 19
SPORTS
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Crippl-
By Joseph Durso
A'ew font 7bms Jfcrrtce
-LOS ANGELS — The New
York Mets streaked into town
Monday after winning 29 of thdr
iaa 36 games and were installed as
S°M fcrorite over the crippled
Los Angeles Dodgers to wm then-
second National League pennant
m three years.
‘ They conceded, however, that
thp first hurdte in theplaycrff wonld
he the tallest On Tuesday night
day were to face Ord Hcrshiser
who ended the season with a re-
c ord-br eaking 59 scoreless innings.
Hcrshiser hasn’t given up a inn
■since he gave up two in the fifth
Afoing of a game Ana. 30 against
pDae Expos m Montreal
' But the Mets said that while they
respected him as a gifted profes-
sional, they did not fear him. H Orel
Herchisex isn’t my problem,” said
Dwight Gooden, who was to pitch
the opener for the Mets. “The
Dodger hitters are the guys Tve got
to beat. So I can’t really dwdl on
what Henhiscr has done. He's
done a great job. It’s awesome —
six shutouts in a row. Bm be won’t
beat ns by himself."
“I don’t fed any extra pressure,”
Herehiser said. *T fed less. If I give
up a ran or two or three, the so-
called streak probably won’t be
wer. anyway. He league office
tdls me that the streak is intact
until next season, whatever hap-
pens in the playoff or World Series.
“Game I is Game 1. It’s an atti-
tude-adjusting game. A lot will be
read in ton. If the Mets win, people
will say the Mets won 10 of 11
against the Dodgers this season
and are continuing their domi-
nance. But the Dodgers won’t quit.
Well fight back."
If so, the Dodgers would be
forced to fight back with a sore beset
lineup. And Manager Tommy La-
swda has given no indicaiian that be
expects any miracles. The casualty
hst is long and prommeai:
•Kirk Gibson, the regular left
fielder and most dangerous hi tta on
the d ub, was still limping with a
strained left hamstring wntarif. He
hit .290 with 25 home runs fear a
team somewhat short of power. But
Lasorda said: “Gibson wul be in the
starting lineup if he’s breathing.”
• John Tudor, his best left-hand-
ed pitcher, suffered spasms of the
right hip and will skip his start in
Game 2 on Wednesday, he'll wait
until Game 3 in New York mi Fri-
day night. Tudor has received an
anti-inflammation injection, but
Lasorda said that “he tried throw-
*» (ihw
it <?■*
rw -rt*
■« .. .A,
iW !J*
*e i«n •
v s
■ in l .$,£
A:
Uu
!-■
■trailiiji
Gregg Jefferies, a 321 hitter for Ms month in the major leagues.
who was supposed to pitch Game
3, still seems fiat ana tired and
perhaps won’t start nnril Satur-
day’s Game 4. He pitched 100 in-
nings in the Mexican Teague last
winter and 228 wming* in the Na-
tional League this season.
■ Fernando Valenzuela, a Dodger
legend for eight roi i w ie m . doesn’t
Ted strong enough to pitch Trmd i
after speeding two months on the
disabled list with a strained left
shoulder. Lasorda had considered
using him in relief or perhaps even
as a surprise starter, but decided
Monday to drop Valenzuda from
the playoff roster.
Confronted with the collapse of
his pitching staff, Lasorda mm te
some last-anon te changes: Tim
Bdcher was moved up to start the
second game instead of Oa wn> 4 in
place a? Tudor, who was moved
back to the third game in place of
Leary, who was moved back to the
fourth gmift in place of Belcher.
Also, Ricky Horton, who has
been hit hard since the Dodgers
acquired him in August from the
Chicago White Sox. made the play-
off roster as a left-handed relief
pitcher. Dave Anderson, a utility
mfiddex suffering from a back
sprain, was dropped. Jose Gonza-
lez, a reserve outfielder, was added
as a pinch- runner and glove man
for the late mumps
By contrast, the Mets ap-
proached the playoffs robust m
form and spirit. Half a Anmn play-
ers were nursing head colds, and
Keith Hernandez was still treading
tightly on his hamstring muscle,
which was lorn four months ago.
But otherwise, they were sound.
Manager Dave Johnson said be
would open against Hershisar with
his customary left-handed lineup,
Jefferies,*who hit
month after joining the Mets from
the minor leagues, would start at
third base, and Moolrie Wilson,
who ended the season hitting 296
after a five-week splurge that began
in L06 Angeles in August, would
start in center field.
To fit them into the lineup, How-
ard Johnson was moved from third
bare to shortstop, and Kevin Elster
and Lenny Dykstra were moved to
the bench. But Johnson said he
would find work for them and for
Tim Teufel, who will start at second
bare against left-handed pitchers.
Blit how would the Mets cope
with Orel Hcrshiser and iris zeroes?
“We have an explosive ball
dub,” Johnson said. “If Orel Her-
shiser makes a mist^ka well hurt
him.”
Orel Hersfeer. “Game 1 is Game 1 — a lot will be read into it’
Banks Catch Met Fever
New York Times Swice
NEW YORK — As the National League playoffs approached.
Met fever reread to the financial industry.
On Monday the Manufacturers Hanovw Coip. announced a New
York Mets-hnked Mastercard. Besides getting a credit card that
sports the Met logotype, cardholders win be eligible for sweepstakes
prizes that include a trip to the team’s spring training camp and the
use of a Shea Stadium box.
National Westminster Bank USA is also trying to capture some of
the magic. It will cm its interest rales on auto, personal and home
improvement loans by a quarter of a pant each time the Mets score a
postseason victory, tqj to two percentage points.
Prudential-Bache Securities Inc. may hare come up with the most
unusual angle of afl. Its senior economist, Deborah Johnson, says she
can forecast interest rates using Met pitching performance.
Since 1986, she said, the team’s eamed-nm average has closdy
tracked the yield on 30-year Treasuiy bonds. In 1986, when the Mets
gave away few runs, rates were low. Injuries and suspensions plagued
the team last year, and yields soared m the rering of 1987. Now the
Mets have die lowest EKA of any team in the major leagues.
If they keep this up, Johnson said, interest rales could fall to 8 to
8J percent by year's end.
By Thomas Boswell
Washinpcn Pm Service
WASHINGTON — If you ana-
lyze the Oakland- Boston playoff
series like a chilly gambler, it’s a
walkover for the Athletics. Viewed
that way, the American
championship series, which starts
Wednesday m Boston, is a show-
down between a bandy good team
that won only 89 games and a near-
ly great one that won 104.
But if you look at it like a baseball
manager or player might — a se-
quence of specific pitching mat -
amps with heavy emphasis on who's
hot lately — then you can’t wait for
it to begin. If the Red Sox can start
wdl at home behind Brace Hum
(18-6) and Roger Clemens (18-12),
they can pSfer a pennant.
Overall, the A’s are a little better
at emaryihing — offense, defense,
pitching and base running. The
Red Sox scored a few more runs in
1988, bm only because they played
in cozy Fenway Park.
The real offensive edge lies with
Oakland’s sluggers, who make Fen-
way fed tike a phone booth. The A's
outhomered Boston, 13-1, in win-
ning this year's season series, 9-3.
Yet all that may not be a prohibi-
tive advantage. The Red Sox will
probably have the better starting
pitcher in each of the first three
games , and pitching is Boston’s
trump card.
Hurst, Clemens and Mike Bod-
dicker (a reborn 7-3 after arriving
from Baltimore) are the equal of any
three-man rotation in this post-sea-
son, and that’s saying plenty.
Left-hander Hurst was 13-2 in
Fenway; he’s 11-5 against Oak-
land. His Game 1 foe will be Dave
Stewart (21-12), who showed di-
minished fire after an 8-0 start
Pitching Game 2 for the A’s will
be Storm Davis 06-7), who will face
the heart of die Red Sox: Clemens,
the Bob Feller of his generation bm
in a tired-arm semi-slump. Manager
Joe Morgan hasn’t done much
wrong, bm he left Oemeos in far too
long in back-to-badt August starts,
and the price has been dear.
Bodd&ker has the curvebaQ and
change^ needed to survive against
Jose Canseco. Mark McGwire,
Dave Parker, Dave Henderson and
Carney Lansford. His oponent in
Game 3 in Oakland wifi be Bob
Welch (17-9), who on paper looks
like the A’s best at tire moment
If this were a 162-game series,
Oakland's five-deep bullpen and its
better spot starters would be im-
portant Tnctead, T Vrniis Eckersley,
the former Red Sox with 45 saves,
and Lee Smith, the man who found
Dkk Radatz’s body, will be paired
off in save situations.
At a glance. Oakland's loo good:
• A half-dozen sluggers against a
half-dozen good batsmen.
• Eight or nine quality pitchers
against five or six.
• Plenty of speed and defense
against barely enough.
• A balanced team that barely
notices where it plays against a bad
road team that hares defending the
vast outfield spaces in Oakland
• A rested juggernaut against a
team that lost five of its last six and
didn't clinch until the final weekend.
Still The A's are a young, confi-
dent team with no psychological
baggage. But in the last dozen years
it’s usually been older teams —
teams more embittered or more
frightened — that have done best in
October. Core veterans like Dwight
Evans, Wade Boggs. Marty Barrett,
Rich Gedman and Jim Rice can tell
hot kids like Mike Green well and
• •
Ellis Burks how much it means to
atone for The Thing in 1986.
Thai Oakland is the better team
may not help Uany more than it did
the Blue Jays and Cardinals agninat
the Royals in '85 or tire Tigers and
Cards against the Twins in *87.
Red Sox teams seem to play best
when they are such underdogs that
the word “choke" can't be applied.
These Red Sox have nothing to lose
and plenty to prove.
Nobody in baseball doubts that
Oakland could win this playoff in a
hurry. But if the battle goes back to
Boston, where the Red Sox would
have the same undeserved home
field advantage that aided the Twins
last year, the forces of history and
emotion could be center-stage.
Then. Hurst. Ckanens and Bod-
dicker, who have all proved magnifi-
cent under October pressure, may
have an edge over Stewart, Welch
and Davis, none of whom have.
ThAaocWhot
i k McGwke, a stagger who makes Fenway fed Ste a phone booth.
SCOREBOARD
FOOTBALL
NFL Standings
BASEBALL
Playoff Comparisons
* i }
AMERICAN CONFERENCE
Vu'.
i\ ill:*' ‘
1
i
East
W It
T
Pet PF PA
Buffalo
4 1
0
JW 77 82
N.Y. Jute
3 1
1
-700 I05 41
Miami
2 3
0
■400 74 02
Now England
2 3
a
.400 75 HQ
Indianapolis
\ 4
Central
0
200 76 91
Cincinnati
5 0
0
7200 135 88
Ctevekmd
3 2
8
400 72 74
Houston
3 2
0
400 112 732
Pittsburgh
1 4
west
0
200 W2 127
Seattle
3 2
0
■680 N 99
Denver
2 3
0
400 TOD 74
LJL Holders
2 3
0
480 127 145
San Dicge
2 3
0
400 57 99
Kansas CITY
1 3
1
200 71 91
NATIONAL CONFERENCE
Bait
W L T PO. PF PA
BLV. Giants
3 2
0
.600 111 118
Phoenix
3 2
0
400 129 110
Danas
2 3
0
400 91 90
Phuadefohki
2 3
0
400 120 106
Washington
2 3
Central
0
400 111 120
Chicago
4 1
0
JM 104 60
Minnesota
3 2
fl
400 107 71
Tonva Bav
2 3
0
400 87 118
Dot rad
1 4
0
200 78 93
Green Bav
0 5
W mil
0
JDOQ 64 122
LA Ram*
4 1
0
MB MS 106
New Orleans
4 1
0
400 It? H
San Francisco
4 1
0
400 129 104
Atlanta
1 4
0
200 112 134
MOMavft Rest*
New Orleans 38, Dallas 17
NATIONAL LEAGUE
ova ab r
Flnt Raw
Stubbs, LA -223 242 30
Hotelier. LA 293 191 22
Hamtrau, NY 276 348 42
Second Bom
Sen. LA 577 432 TO
Bachman. NY J03 2M 44
Teufel, NY -234 273 35
Shortstop
.199 314 29
,2X 495 65
.214 404 41
Third Ban
■234 30V 34
.249 TO 15
.321 109 19
Griffin. LA
Joftnson, NY
Elster. NY
Hamilton. LA
WtMdmn. LA
jeflerte* NY
TRANSITION
* '■
t ;
IT
r
. l r \ '
• I*. - • » ‘
IX
• ».->-• •
•V 3 a-’ "■
■
■ iir"
*$->TT »'• ;
„ ? 2 -v. '
? rt# ’
• • ’ A tf **
:: 4afcb»<-'
Oct. 9
Chlawa at Dotratl
Indianapolis at Buffalo
Kansas CHv el Houston
Los Anwtos Rams al Attonto
New Enonnd vs. Groan Bar (ot Milwaukee)
New York Jots tf ClncKinatt
Seattle al Cleveland
Tampa Bov ot Minnesota
Waahlnaton at Dallas
Pittsburgh at Phoenix
Denver at San Froneteco
Miami at u» Angelas Holders
New Orleans at San Diego
Oct it
New York Giants at PhUodeW*.
Coflege Top-20 Ratings
The Associated PresspoU (RrsMace vote*.
records muon Oct 1. total potato based an
1. Miami. FL (S3>
- 1 UCLA <31
2. Southern Cal (2)
-A Auburn
( ■ 5. Notre Dome
I 6. Florida Slate
• 7. West Vlrakito
a. SoUto Carolina
9. Nebraska
ML Oklahoma
11. demsan
12. A latiama
13. OMPbomo Slate
14. Ftgrtda
15. Georgia
It Wyoming
17. Michigan
IS. Oregon
W. washlngion
2a Arkansas
- The UPI board trf eocenes new
'and HrsHBoce votes in parenHiesesj tend
■fcoNH. Dated on IS ter tint ptoot, H tor sec-
'oO.HC.v* hwt waek* raakloas):^ ^
2
3
4
5
6
h hr rW
54 B 34
54 1 25
96 11 55
175 5 57
» 0 17
04 431
63 1 27
114 21 48
17 937
73 4 33
O 315
35 4 17
Americ a n League
BALTIMORE— Fired Terry Crawtev. bat-
ting coach; Harm Sforretta, Pitch too coach.'
John Hart. IMrd-basecaaA. and Minnie Men-
doza. flrsf-Oase cnoeh. Waived Don Aassond
Doug Sisk, ptfeters, (or the purpose of giving
them thotf uncandHtmd release. Stoned
Butch Davis, outfielder, to a contract with
Rochester ot the international League.
CHICAGO— Purchased the contracts of
Ron Karkavloe. catcher, and Jose Segura and
Ed WWna. Ditchers.
CL-EVE LAND— Announced the resignation
of Jeff Scott director of scouting.
DETROI T P u r ch as ed the contracts at
Dave Beard, ptttimvftom Tgldeoellhe Inter-
national League, and Sham Holman, pitcher,
tram Glens Faffs Of Itie Eastern League. Rein.
stated Jeff Robinson, pitcher, from the ts-dav
disabled list.
Leltttold
Gibson. LA J2TO 50 104 157 35 74
Me Reynolds. NY 288 5S2 82 199 27 99
Centarflete
Shelby. LA .263 4W 45 130 10 44
Wilson. NY .296 378 61 112 8 41
Dvkstra. NY .270 09 57 116 8 33
lUgMflBld
Marshall LA 3T1 542 43 ISO 20 82
Strawberry. MY JM 543 101 144 39 101
Catcher
Sclasclu. LA
Carter. NY
Shorperm, LA
Demnsey. LA
Hew* LA
Davis, la
G aiualez. LA
looser, NY
Magadan, ny
L yons. NY
ManJJIL NY
.257 408 29 105 3 35
JK2 455 39 110 11 44
8 4
7 30
0 11
2 17
0 0
1 17
1 35
0 11
0 12
Hershlpr, LA
Tudor, LA
Belcher. LA
Leary, LA
Cone. NY
FernncU. NY
Gooden, NY
Darling. NY
Ho iton. LA
Pena LA
Orosco, LA
Horton, LA
Leach. NY
McDwil NY
McClure. NY
Aguilera. NY
Howell LA
Myers, NY
211 B I
251 147 25
•242 149 14
.194 281 29
JU » 7
JB5 123 9
m 314 39
.231 91 5
.147 116 9
starting Pitcher*
w I eras* to bbb so
21 8 224 1 200 20873178
10 B2J2 0177218941 87
12 6221 4179214151153
1711231 022X2 201 54180
30 3222 0231.117880713
U10X03 01878 12770189
18 9X19 0248.124257175
17 9325 02402 218 40T61
Reliever*
7 3 1 JO I 842 4924 49
4 7 121 12 941 7527 83
3 2272 9 5X0 4130 43
1 1380 0 98 11 2 8
7 2254 3 928 9524 51
5 524314 898 8031 44
2 3540 3 308 35 8 19
0 4423 0 242 2910 M
5 320821 458 4421 70
7 312224 488 4517 49
Record
pn
Pw
44H)
l.WJ
1
440
1408
2
44M)
1437
3
44)4
W
4
44M)
910
5
4-1-0
778
a
54H)
751
7
5-04
732
8
4-14
692
9
3-14
604
10
3-14
S74
11
344
501
12
344
485
13
5-0-0
424
17
4-1-0
395
15
3-041
237
18
3-3-0
196
19
40-0
132
20
3-1-0
128
14
444
82
—
LOS ANGELES— Pureamed the contracts
ot George Hinshow.outftekler; John Gtttoans,
cntcher^Md Ray Seans* Pitcher, from Albu-
auorque of the Pacific Coast League.
PHILADELPHIA— Named Nick Leyva
onager. Traded Lance Parrish, catcher, to
Cafifamla tor David HoMrfdgn pitcher.
PITTSBURGH—' rrodM Jim mutineer,
pitcher .to Las Angeles far BUI KnteBer .pitch-
er. Stoned Junior (Mix. catcher, to a iwo-year
c en tin ct . Purchased the contra c t of Dave
Johnson, pitcher. Signed Bern!* Tafts and
Tom Romano, outfielders; Kevin Davis,
short s to p , and Dom Taylor and Bob Patter-
sen. pitcher*, to minor league contracts.
BASKETBALL
NaHeanl Basketball Asso chd toa
LA. LAKERS— Signed Byron Scott, guard,
to a five-year co n tract . Stoned Mark McNa-
mara, center, aid Kannord Johnson and Scott
Moenta, forwards. Invited Jeff Lama, guard,
to training comn.
NEW YORK— Named RaMi wmard assis-
tant coach.
PHILADELPHIA— Traded file draff rights
of Everefte Stephens, guard, la Indiana for
Ren Anderson, guard-forward.
FOOTBALL
Nat i o n al Football League
DETROIT— Signed Rusty HUser, ouarfer-
hoefc.
HOCKEY
AMERICAN LEAGUE
avg aft r b hr rbi
First Base
Bend near. Bos 254 405 47 103 M 70
McGwire. Oak, 240 SM 07 143 33 99
1. Miami M-01 U3J
£ UCLA (4-0) 14)
X Southern Cal (AW
A Auwim (4-0)
5. Notre Dome (M)
6. Wed Virginia (Ml
7. F tor too Stole (4-1 )
B. South CoroUoa (54)
9. Nebrodw (4-1)
^ 10. OUahamo IMJ
f *11. Florida 15-0)
. H demean (3-1)
•IX Oklahoma State (34)
K Aktopma (Ml
11 Gcaroto (4-1)
14. Wyoming (54)
17, Arkansas (44)
18. Oregon (44)
M. Washington Oil
XL Michigan 1321
(r ooraokwi )
729
67»
614
557
525
4W
408 8
388 7
329 9
249 10
1« )5
184 n
183 14
M W
94 U
57 18
33 W
30 *
» 17
12 1*
BOSTON— Selected Aftdv Brtektey, center,
thorn New Jersey In the vtolver draft.
8UF falo— A cquired Wayne Voti Dora,
(eft wtna. tront Pittsburgh tar future canskler-
ofUte). Selected Steve Smith, defensenun
From Calgary in the wahmr draft.
CALGARY— Seat Rkft Oiernamaz and
Thearen Floury, wtoos; Stu Grhnsan and Paul
Ranfieim. left wines; Dow Reiers o n, Chris
Btattl and Rlek Haywora dttengteiHft. to Soft
Lake of foe international Hockey League.
EDMOHTOH—fia&KtedXanHuminoniLde-
(enj eowv from Los Arigeles an d Poua Smith,
center, from Buffalo In the waiver draft
LOS ANGELES— Jtm Hoffard. defensu-
(aon. from Buffalo and Date Degroy. defense-
man. from Taranto In the waiver draft.
MINNESOTA— Selected Stewart Gavin
rt Tom Martin. Left wings.ftem the Hertford
Whalers, and Ken Lefter, detenoomon. from
the N.Y. Wenders In tht waiver draft.
. N.Y. RANGERS— D i l e O OdCnrfg Redmond,
defensemen, fram Edmohtan Ln the waiver
draff.
PHILADELPHiA a e t e cto dOau eS ull lm teXi
rtgM wti» tram New Jersey In the waiver
draft.
PITTSBURGH— Selected Steve Dvtatra,
U e (e m« tnoa, and Dove Hannon, center, fhxn
Edmonton and Jay CouHfoM. deieraeman.
tram Mtanesata to iho waiver draft-
Barrett, Bos 283 612 83 173 1 45
Hubbard. Oak 2SS 294 35 75 3 33
n u IiI m
Reed Bas 293 338 40 99 1 28
Weiss. Oak 250 452 44 113 3 39
TWfd Base
Boggs. Bm 244 584 128 214 5 58
Lansford. Oak 279 554 80 155 7 57
LefifleH
GreenwvU. Bos 225 Sta 84 192 22 in
Potonia. Oak 292 288 51 84 2 27
Javier. Ook 257 397 49 102 2 35
CntarfiM
Burks, BOS 294 540 93 159 18 92
Henderson. Ook JIM 507 WO ISC 24 M
RtoMfleto
Evans. BM 293 599 96 164 21 111
Conseco. Oak 287 610 MO 187 42 124
Catcher
Cerone, Bos 249 344 31 71 3 27
Gedman, Bos JB1 299 33 49 9 39
SteMxKh. Oak 24$ 351 <2 93 9 St
Money. Oak 257 323 32 83 7 45
Destaobted Hitter
Rice, Ba* 244 48$ 57 128 IS 72
Parrish, Bas 2)7 404 32 88 14 82
Parker. Ook 257 877 43 97 12 B
Barter. Oak 220 244 28 51 7 31
Owen, BM
Romero, Bas
Romlne, Bas
GoJIeoo, Oak
Phillips. Ook
Stewart. Ok
Welch, oak
Daub. Ook
C-Yeng, Oh
demons. 8s
Baddckr, Bs
Gardner. BE
Hor«. Bet
Codoret, Ok
pumft. Oak
Neteen, Ook
Burns, Ook
Honvdl, Ok
Stanley. Bas
Lamp. Bas
Baftoa Bas
Belters. BPS
SraltteEn. Be
Ecfcrstv. Ok
Smith, BM
249 257 40 64 518
M IS i « I S
.192 78 17 15 1 6
209 277 38 58 2 20
203 2T2 32 43 2 17
Startina POdnn
■ I erasv to h hb so
2112321 02752 24) IW 192
17 9144 D 2442 237 11158
16 7378 Q20L2ZI1 91127
11 0414 tmilfi 50 69
181222] 02442217 62291
1315X39 02340216 77154
8 6350 21492119 44106
18 6324 02142222 |$U6
Saints Beat
Cowboys on
Kick at Gun
Compiled by Our Staff From Dispatches
NEW ORLEANS — Morten
Andersen’s 49-yard fidd goal as
time expired Monday night gave
the New (Means Swots a 20-17
National Football League victory
oyer Dallas and exorcised a pair of
gridiron demens that have haunted
the Saints for years.
The last-second victory was only
the Saints* second triumph over
Dallas in 13 meetings and its first
since a 24-14 decision here on OcL
17, 1971. It also was only the seccmd
tiare in eight tries that New Orleans
has won a Monday xxigjbl game.
No wonder the game-winning
tide and the resulting celebration —
which included an 00-fiehl dance by
ream owner Tom Benson before a
Superdome crowd of 69,134 — left
Andersen a little addled.
“ Ratio n — pure joy," said An-
dersen, who jumped up, punched Ms
fists into the air and boogied briefly
an the addine. “I didn’t believe
wtfd get it down there dose enough.
I don’t know how long it was, but I
think it went over the crossban It
freaked me out I thought we were
going overtime.”
Andersen, a native of Denmark,
is the most accurate kicker in NFL
history, having made 80 percent of
his fieM goal attempts during a
seven-year career.
The victory was the fourth
straight for New Orleans after a
season-opening lass to San Fran-
cisco. D allas mopped to 2-3.
Andersen’s fidd goal came after
Rjoger Rnzek of Dallas had kicked
a 39-yarder with 24 seconds left,
tying the puma at 17-17. Rnzek had
missed from the same distance with
l-TJ. T Emainfng , the bail hitting the
tefi upri ght and bouncing bacL
Md Gray returned the ensuing
kickoff 39 yards and Bobby He-
bert, who completed 17 of 37
passes for 273 yards and two touch-
dowas, threw 26 yards to Brea Per-
rinum to set up the winner by An-
dersen, whose 27-yarder in the
third quarter had given the Saints a
17-Wiead.
“That was a game, wasn't itT
said Jim Mora, the winners’ coach.
*Tt was a game of Ing plays, and we
had themt pne."
Hebert threw TD passes of 7
yards to Loazefl Hill in the first
Soviets: Enduring Form of Grand Masters
5 2 UP 3 712 40
7 3X00 5 780 62
9 6304 31112 93
8 23.14 1W2 93
3 2 340 7 792 74
4 4X19 51012 90
7 6148 0 822 92
1 3425 1 3X1 35
1 7481 0 852 89
9 6 537 012*2149
Stopoort
4 222545 722 52
4 522029 832 72
34 65
39 79
38 67
84 57
25 47
29 57
19 49
14 2ft
54 70
37 73
11 70
37 96
second. The Dallas scores came
rre passes of 13 and 14 yards from
Steve PeHner, who completed 23 of
35 passes for 271 yards, to Kdvin
Martin, who had nine catches for
95 yards.
“We had a great chance to go into
overtime,” said Tom Landry, the
Cowboy coach. ‘The ball mt the
crossbar [on Rnzek’s fidd goal try]
and we gave than a fidd goal We've
had a lot erf tough breaks. We could
easily be 5-0.” (UPI.AP)
Fntcmmonal Herald Tribune
SEOUL — It has taken Soviet
soccer players a long time, but final-
ly they are grand masters of pacing a
major toumameoL
The Olympics ended with not one
m ara tho n but two. In the same way
that Italy’s Gdindo Bardin judged
his finish to come from behind and
beat two Africans, the Soviets
{moved their stamina in overhauling
Brazil in the soccer final
The Soviet Union deserved the
gold. Brazil deserved stiver. And
BOB HUGHES
the rest, with the exception of the
exciting Zambians, deserved what
they got — the consolation of hav-
ing been there.
It was a brutal schedule: Six
games to win gold, crammed into
14 days, breaks body and mind.
Added to that, the final and both
semifinals went overtime. Yet,
kicked cynically by I talian* and
West Germans in -the sends, both
the Soviet Union and Brazil had
the will, wit and strength to enthra ll
73,000 spectators.
Soccer Hkes to remind Olympi-
an: aTtbe* wotiI^Ncl* ? crowd at-
traction. The total of 742,000
watching 32 matches in Sooth Ko-
rea seems heftOy beefed up, but
there was no doubting tire full
boose at the finale.
Hie fervor was genuine Brazilian
fans, as always, massed where the
action was, bat a new feature has
been the voluble ranks erf massed
Soviet supporters —red flags flying
amid Brazilian green and yellow.
Show quality players that kind of
att mtion and they'd have to be cast
of stone not to respond
There is a pleasing evolution
among the Soviets that releases hith-
erto regimented performers. We saw
it, albeit without maidMo-match
consistency, al the 1986 World Cup.
We saw it the European champion-
ship in June; where the Soviet Union
lost tire final, as any team would, to
tire Ne therlands
A link between summer in Mu-
nich and autumn in Seoul is Alexei
Mikhaflirihcako. He is becoming
the key Soviet player always pre-
sent, always involved, always
hungry — an Olympian, I would
say, now that professionals, either
of state or commerce, flaunt their
wealth in five-ringed aides.
Mikhtrifichenko passes die dope
tests but, fra: the most innocent of
reasons, I wonder how. He has such
straogth and energy, such a marath-
oner's way of chnttlmg among de-
fense, mkffidd and attack. In South
Korea, ire adopted two extra bur-
dens: team leader and, when goals
woraldn'i cram from forwards, rhiff
striker. Time and again he sprinted
50 meters (55 yards) and more to be
there, in the opposition’s dangpr
zone. He scored roe goals.
No man bring an island, MHchai-
lichenko found a male in Igor Do-
brovolsku at 21 the rising sou erf
Alexei Mfthaffldienfco: Strength, enetgy — tireless in shuttfing among defense, midfield ami attack.
Moscow Dinamo. Dobrovolsld is
dark where Mikhailichenko is
blond, he is more ™w ing than
flat-out; with dever spurts and ac-
curate passes, he puts himself on
Mikhilichenkns wavelength.
The last time tire Soviet Union
won Olympic soccer gold, in 1956.
What is so appealing about the
Soviets is their economic ose of the
ball, an ability to wodc up to a
crescendo and outstay the other
team without doumess. A new free-
dom exists within, and if it’s the
result of peristroika, the benefits
have come so swiftly that the desire
Soccer likes to remind Olympians (especially
sponsors) of its stature as the world’s No. 1 crowd
attraction. The total of 742,000 watching 32
matches seems heftily beefed up, but there was
no doubting the foil house al the finale.
a fellow called Lev Yashin first
bestrode the scene. Yashin, the spi-
der in hi ark became tire finest
be m e ^^Km^sl^ J ^^ L sering
another Soviet star in embrya
A hiiti of his effectiveness comes
with statistics. Dobrovolsld sup-
plied the final pass far at least three
of Mikhailicnenko's goals; and
with a spymaster’s stealth he him-
self notched six, indudmg a poial-
ty against Brazil
Yon do not Jffvt a second-in-
command first strike at so vital a
penally unless you’re sure of his
nerve. The Soviets dufc Dobro-
volski wrong-footed Brazil’s fine
thefareTthat Brazil had led by a
Romano goal turned the other way.
must have been in Soviet soils,
awaiting release.
Such liberty is traditionally Bra-
zil’s haHmaii, a trait sometimes de-
scending into laxity. Not this team,
not under the management of Car-
los Silva. Although hamstrung by
the constant absences of exiles in
Europe and by a Brazilian soccer
federation’s gun at his temple, Silva
takes a middle road between flam-
boyance and rigid methodology. His
teams have order, but from tmdfidd
forward they attack in familiar Bra-
zilian fadrioa Even compared to tire
Soviets, individual Brazilians excite.
Romano, often alone op front, is
a cheeky, stocky replica of Mexi-
co's Hugo Sdnohez. Careca II is
more physical, not always in full
control of his power, but explosive.
Brazilians still love to fed the
ban, to caress it once, twice, three
times. They do not themselves
know when the burst will come, so
bow can defenders pree m pt?
They might have won the gold
had they the Soviets’ ability to pace
a contest — or had better luck.
Aside from exiled stars, the (earn
lost Valdo and Ricardo when Ben-
fica bought them just before the
Olympics. Benfica, biting the hand
that supplies, was told that Valdo is
suspended indefinitely until the
dub explains to FIFA why it jeop-
ardized Brazil's c hances
A little wend, this, since Argenti-
na, the reigning world champion,
mocked the finals by fielding a
wretched team shorn of European
exports and of players from three
dubs (Rosario, San Lorenzo and
River Plate) denied their release for
Olympic honor.
Still, Brazil got by until it lost
Geovani, the brains of the team,
and his midfield aide Ariemfr Both
were suspended after two yellow
cards.
IndisdpHne, in the final analysis,
cost Brazil dearly. Maybe the medal
was predestined for the Soviet
Union, for since 1952 Olympic gold
has only once escaped Fasiem co-
rape ~ France winning m 1984, the
Games the Soviet bloc boycotted.
Now even the Soviets admit (hat
boycotts win nothing. You can’t
outlast challengers unless you start
the marathon.
Ikb Hi&a a on he uaff he Sari? Tarm
INTERNATIONAL HERALD TRIBUNE, WEDNESDAY, OCTOBER 5, 1988
Page 20
POSTCARD
PEOPLE
a School for Arezzo Martha Graham: Phoenix of Dance
V .. . ■ ... _ • I
Galbraith and Greene
Honored by Moscow U.
By Burton Anderson
Special to the Herald Tribune
A REZZO. Italy — As John Pad-
sett headmaster of the Amity
XV get t headmaster of the Amity
School here, sees it: “Every child
has his own Renaissance. It’s the
environment be grows up in that
shapes the whole human being.’'
That is one reason why in the
summer of 1987 he, his wife Marcy,
and nine other teachers left the
school they founded in California
to bring, as Padgett puls it, “Amer-
ican state-of-the-art special educa-
tkra to a continent where it didn't
exist" They chose Arezzo because
they wanted to be in Tuscany, “sur-
rounded by the Renaissance," and
because they found the environ-
ment they were looking for in a
16th-century villa on the edge of
this thriving provincial town.
Hie schoofs basic program is
designed for students who have
been unsuccessful in what iheir
teachers describe as “mainstream
education.” This may be due to
emotional or family problems, sim-
ple lack or motivation, or in some
cases, to drug or alcohol abase.
The move to Europe was years in
the making. The Padgetts began
spending their summer vacations in
Italy 12 years ago. “After two trips
we felt we didn't want to go back,”
she recalled. “We loved it here. The
only thing we was not hav-
ing our students with us.”
So they decided to bring a group
from the Cascade School in Whit-
more, California, to Italy for two
weeks each year. “We ended our
trips in Venice with a candlelight
ceremony in Piazza San Marco,
where we talked about being citi-
zens of the world,” said Padgett “It
may sound corny, bat we could see
bow Italy had opened horizons for
them, exposed them to a civiliza-
tion far beyond what they experi-
enced in northern California.”
Meanwhile, the Padgetts spent at
least two weeks a year in Toscany
seeking a buildin g. Their dream was
not easily realized. Tve seen at least
formed a partnership and took a
lease on the Ooc binis ’ Villa La
Strisda. That now houses the entire
school, 20 students and 18 staff,
though they have an option on a
mansion nearby in case of expan-
sion. In the spring of 1987 ihe fac-
ulty began the move from Califor-
nia, followed by a number of
Cascade School students.
As Mervm Maier. dean of admis-
sions, recalled: “It was a leap into
the unknown. We packed our
worldly goods into a 40-foot con-
tainer and didn't see them again for
four months. You can’t imagine
what we went through to dear that,
or to get the legal papers needed to
live in Italy and run a school. None
of ns spoke fluent Italian, so An-
toneUa fAntondla Arista Casa-
grande, the first Italian to join the
staff] served as secretary, interpret-
er and guidance counselor for II
frantic people. She was wonderful,
like nearly everybody we’ve dealt
with, so warm and hospitable.
We've benefited immensely from
the move, kids and staff alike."
By Nan Robertson
He w York Times Service
N EW YORK — Martha Gra-
ham sits m an airy mirrored
IN ham sits in an airy mirrored
studio in Manhattan, immacu-
lately rntu\p; up, her skinned-back
hair crowned by a wide floppy
black chiffon bow that flares out
over her pointed ears and some-
how looks Eke Cleopatra's coif-
fure. She wears Mary Janes on her
famous fed and ch imb; of tur-
quoise around her neck. Only the
hunch of her back and arthritic
a hundred villas from Pisa to Siena,”
Padgett said. “There were some
magnificent buildings, but there was
always something not quite right.
One place, far example, had 27 bed-
rooms and one bathroom.”
Then, in 1984, they met the Oc-
rhmi, a noble family with several
houses on hilly farmland a 10- min-
ute walk from Arezzo's Piazza
Grande. After the Padgetts con-
vinced their California colleagues
of Arezzo's attractions" they
X HE Amity School has two sec-
between 13 and^f^aoda boarcSig
program for students who attend
the American International School
or college courses in nearby Flor-
ence. The campus covers 80 acres,
with swimming pool, tennis court,
vegetable gardens (which the stu-
dents tend), oiive groves and even
vineyards for Chianti. In keeping
with the anomalies of modern Ital-
ian life, neighbors on the Via Cap-
puccini include a Franciscan mon-
astery and a Communist Party
recreational center. The Villa La
Strisda itself is a model of late
Renaissance architecture, sur-
rounded by a park with fountains
and statues shaded by oaks, pines,
cedars and cypresses — a classic
Tuscan setting.
Although admissio ns are open to
anyone, a good command of En-
glish is required for a curriculum
(hat meets American standards for
7th through 12th grades.
The h eadmas ter is convinced
that such things come naturally to
students in Italy. “Here they don’t
just read about the Romans or
Etruscans, they go oot and see what
they did, not only in the big cities
me that Petrarch am^Vasarifwvre
bom in this town, or that there’s a
Nero della Francesca painting in a
church just over the huL
hunch of her back and arthritic
knobs On the hands she shftathms
in doves betray her age. She is 94.
She is gazing at a young wom-
an, Terese CapucflE, as sinuous
and strong as a whip, dancing the
lead with Doolin Foreman in
Graham's 1940 work, “Letter to
the World," an homage to Emily
Dickinson's poetry aim sooL She
is watching herself, dancing 48
years ago, dancing with the first
man to join her company, her
lover and later, briefly, her hus-
band, Erick Hawldns. She is
strenuously rehearsing her com-
pany, this country’s oldest dance
troupe, for its 1988 New York
season's opening.
By her side, always, is Ronald
Proms, dark 'and worried, whis-
pering in her ear, palming his
tape recorder. He is an associate
artistic director (with Linda
Hodes) of the Martha Graham
Dance Company, formed almost
six decades ago, in 1930. Never a
dancer, be studied law and prac-
ticed photography until he be-
came her shadow, and, Graham
believes, her savior, in the early
1970s. She had stopped dancing
in 1969 at the age <x 75. It was
almost the end or her. She aban-
doned herself to illness, solitude
and despair. She neglected her
company, which did not perform
in public for years.
Then Protas, who is now 41.
came along to befriend and to
encourage her. With a supreme
effort, Graham rekindled the
flamp that has iUmnuiated her art
since her first independent per-
formances in 1926. she has cho-
reographed 26 new dances in the
last 15 years, and directs her
company and school
Protas resents any talk that
Graham is an icon to be trundled
•out on stage for the ovation; he
and others who have watched her
create, teach and rehearse see this
period as an astonishingly fruitful
standing. It's important that peo-
ple fed, that they fed afore.”
She recalled a night in Florence
Moscow State Univetsn, the
alma mater of the Soviet Union's
leader, MBthaB S. Gorbachev, has
awarded honorary doctorates ts
20 or more years ago. “I was
performing ‘Dark Meadow,’
s tanding OQ a NOgUChl FOCk” — ~
the great sculptor Isamu Noguchi
“and the audience gov out of
hand, booing and catcalling- 1 had
my arm this way” —she demon-
strates, face forward, holding her
right arm straight across her chest
— “and suddenly I turned my
face away and instinctively flung
up my arm.”
She sharply averts her face and
netfa Galbraith and to the British *
writer Graham Greene, Galbraith,
was honored for "his services inthfr
development of sciences and the
humanities,** the Toss afjency SahL
Greene's doctorate is a sign of *h»
outstanding services in the field of
literature and in the strengthening
of friendly contacts with the Soviet
Union,” lass said.
□
swings her arm abruptly, arrest-
ing it bent upward as if signaling a
right-hand nun. ‘They quieted
down instantly and I said to my-
self, *You can be had... HI
take you.’ What my body urid
them was, 'Wait a minute! Behave
yourself! You offend me.’ "
She believes in myth and leg-
end, in gods and goddesses on the
stage, in astatic, primordial the-
ater. Nothing has influenced her
more th™ various Indian cultures
is the American West When
Graham was young, her father, a
weErto-do psychiatrist, moved his
wife and three daughters from
Pennsylvania to Santa Barbara,
California.
“Gang to the Southwest made
a great change in my fife," she
says. “I have never taken literally
from Indian cultures, but the In-
dians taught me the absolute sa-
crednessof the land, the use of the
body as reiteration of the sound
of the earth."
Her 1984 staging of The Rite
of Spring” was inspired by Amer-
ican In dian ceremonies. She kept
Igor Stravinsky’s idea of an orgi-
astic fertility ntuaL but threw out
the visual references to pa g an
Russia.
The cfaoreoKranhv for “Night
tifidnd OWaB/Tbc New Y«ti Ttam
Tfs important that people feel, that they feel afire,” Martha Graham says about dance.
comeback. She has not only
brought oot fresh works; she be-
gan to re-stage previously Tost”
Graham pieces. “Placed end to
end as they have never been be-
fore,” wrote Anna Klssdgoff, a
New York Tfanes’s dance critic, in
1987, “these works make up a
repertory that no other modem-
dance company can boast”
Graham has choreographed
178 ballets whfle creating an orig-
inal d«nrw langnaga Both her re-
vivals and recent works have
evoked words such as “dazzling"
and “electrifying" from the crit-
ics. The season’s run at Gfy Cen-
to-, preceding a tour across the
United Stales and following an-
other around Europe, will feature
a world premiere of her newest
dance, “Night Chant,” set to tra-
ditional American Indian flute
ntiicif*
There will be revivals of three
minor Graham works — the erot-
ic “Phaedra" along with the Dick-
inson “Letter to the World” and
“El Penitente." Also included is
“Fragments.” a series of excerpts
from Graham classics. Some of
them have not been seen for more
than 50 years.
At the opening gala Mikhail
Baryshnikov wfll dancy. the title
role in Graham’s 1940 piece, “El
Penitente"; the actress Kathleen
Turner will make her debut in a
dance work as “She Who Speaks"
in the Dickinson piece, aim Maya
PKsetskaya will perform Michel
Fakme’s “Dying Swan,” a rde the
great Russian ballerina has sot
danced in 18 years in New York.
Graham agreed to an interview,
followed by an even rarer qppor-
ber*dancers. There is only one
subject she balks at discussing,
setting her jaw and turning her
face away, murmuring T don't
know I don't remember
things,” while Protas gently
pleads in her ear. It is a wonderful
“And then one day,” Graham
ivs. “she *n»de on the canvas a
says, “she ™»de on the canvas a
dot. Became she could make that
dot on the space, she knew that
she would paint again." The cor-
ollary to the ch ore o g ra p her’s own
anguish in her 70s is unspoken.
She was asked about her deci-
sion late in Efe to re-stage and re-
present that necklace of dances
that forms a link to her earliest
years. She had previously said, “I
don’t believe in nostalgia.*'
IT she doesn't, why the revivals?
“You’re quite right — I don't go
in for nostalgia, she says. “But
story, it will inspire people, he
teOs her. The apparently forbid-
tcDs her. The apparently forbid-
den topic is that dark passage in
(he late 60s and early 70s when
die stopped dancing and wanted
to die. Then G raham reveals in
an anecdote:
“Anthony Tudor asked me a
long time ago how I wanted to be
remembered — as a dancer or as a
choreographer,” she says. T re-
f*/. a ur.
people were quite curious about
older dungs they had not seen.
And I . . .1 wanted to see what is
now, coming out of what was
then. Tm not interested in the
past. I'm interested in the future
■ — going an — the excitement of
what now is. If it’s good, it win
stay for quite a whole. On the
other hand, there cranes a time
when a work has to be retired.”
Graham believes that dance
was the first communication for
afl humans, that the body does
not lie, that movement does not
lie. Tm oot interested in people
un d ers tanding what I do,” she
says. “I'm interested in die feeling
of iL It was the immediacy that I
wanted — not intellectual under-
plied, ‘As a dancer.' He said” —
Graham pauses — “‘I pity you.’"
Thestory reminds her of a dose
friend, a painter, who could not
paint after her husband died. “I
cannot paint,” she told Graham.
“There’s nothing to paint." Day
after day, the woman stared at a
blank canvas.
aant” < ^So°S >1 2idian roots.
“Night Chant’s” setting includes
tall, curving exclamation points
with steps on them, designed by
Noguchi years ago far “Embat-
tled Garden."
Graham asked the sculptor for
permission to use them a g ain .
“He’s very tight, very hard, but he
agreed,” she says. “He told me,
That’s what art is — using acri-
dents.’ ” She added as if to her-
sdf: “But of course — it's the
presence of the ancestor.”
Sa n the or gani zed ;
crime boss, was fiyingsssageind .-
peppers when he was shottp death
m 1975. Now his daughter, Antoi-
nette Giancana, 53, who describe^
the bedroom activities of mobsters
in her 1984 book “Mafia Prinocat^
says she plans to publish iho "^.i.
fia Cookbook.” It will feature (fe
recipes of 35 of Chicago’s png-
stexs. : . C
0 '
A stame of Mohandas K-Garilpt v
the proponent of nonviakaoo who
led India to independence, has
been dedicated in San Francao.-
TheGandM Memorial fattnatian-
al Foundation donated the scab,
tore and gave humanitarian awards
to: Joan Baez, the
Temple Bbck, the actRSMfipto-
m&t; Warner Erhard of the Hanger
Project; David Packard. aa hams- ,
trialist; Richard Swfe die hutet
man; DafcyafaM B. Patet, abcoi* 1
factor of (he Indian owmmmbyia:.
San Francisco, and M—flihil fed
of Poona, Ind^ a follower of Gan- -
dhi since 1941 . '
o . ;
Lawrence M. Gnttfar. 46,4*- .
president of Book-of-the-Mouth
Grib and a vice president of te.
corporate parent, Thne taL^ja
New York, will became riwinttjn
of the dub at (he end of tiuftof.
He will succeed Al
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